Making the most of Centrelink payments

In Australia, Centrelink is responsible for the general administration of the social security system. Some of the various payments Centrelink are responsible for are:

  • Age Pensions
  • Newstart and Youth Allowances
  • Disability support pensions
  • Family and parenting payments
  • Austudy

Did you know there are many factors that can impact your eligibility for social security support?

Your eligibility for social security payments are calculated by Centrelink using the Asset Test; and the Income Test, both of which can reduce or cancel payments based on your level or assessable assets or income.

That's why it is important to gain financial advice.

Getting the right advice

Talk to Life Balance to see if they can help you with strategies that may increase your social security payments.

More Information

Centrelink Rates

Centrelink Website - http://www.centrelink.gov.au/internet/internet.nsf/online_services/os_claim.htm

What to do next

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Making the most of Centrelink payments