Opinion
How retirees can save more than $3000 a year
The income threshold for eligibility for a Senior’s Health Card has just been significantly increased in gift to many self-funded retirees.
John MaroneyContributorFor some self-managed super fund (SMSF) members, Christmas has come early. Seven weeks and two days early, to be precise.
On November 4, the income test thresholds for the Commonwealth Seniors Health Card (CSHC) were increased. The Coalition and Labor had both promised to increase the limit if they won government, and the Albanese government delivered when the Social Services and Other Legislation Amendment Bill 2022 passed parliament on October 26.
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