Originally posted by Kerri-67:

Kez

Hi Kez
The asset test is:
Single pensioner: Full Pension Up to $153,000. For part pension up to $309,750
Couples $217,500 – $478,000
You mums home (place of residence) is not counted as an asset, even if it’s worth $1M.
Assuming you mum borrows for the IP, the loan is deducted from the value of the IP, and…[Read more]

Originally posted by Balliez:
I know this carn’t be perfectly answered, but am i intrested that if you did/had to start from scratch how long would it take you to retire. I’ll define retire as 50,000 per year.

Just wondering due to I am only 16 amd have just gotten into the Job market[buz2], and 1st job i “loved it”[confused2] *cough cough*…[Read more]