Brisbane Times
·general
·3 hours ago
Why is Centrelink penalising me for shares I cannot sell?
An age pensioner is facing reductions in pension payments as Centrelink counts suspended shares in Corporate Travel as assets. The shares, originally valued at $30,000, are currently treated at their last recorded value of $26,000 despite being effectively worthless. A practical approach may involve gifting funds to reduce assessable assets and mitigate the impact on their pension.
Summary by Glance · Brisbane Times
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