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Olmate

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Posts posted by Olmate

  1. 1 hour ago, Artisi said:

    Aust pension is not an entitlement, it's assets based, too many assets no OAP. 

     

    7 hours ago, Olmate said:

    Think thats Superannuation, Oz OAP is an entitlement,once you reach old age, if eligible, then pmeans tested. Retro fit and you lose government! 

    Artisi, wrong again!! It.is as pointed out by 'Lacessit',  entitled, eligible and means tested.Dont let your old habit cloud your posts😂

  2. 2 hours ago, LosLobo said:

     

    Maybe because yourself and KH have driven them away - this forum used to be informative but now it's just a lot of bickering.

    There are a lot of current topics that need addressing but it's difficult to get any serious discussion.

    An example: I stumbled on this little gem this morning -- this could impact all the Aged Pension Expats here.

    I got quizzed by my bank this morning.

    The declaration goes into Asian TIN's.


    "You will need to declare your tax residency when opening a new account or when requested by the bank".
     

    Collecting customer tax information - CommBank

     

    Which bank? Bad choice bank that! 

  3. 2 hours ago, georgegeorgia said:

    It's certainly not an entitlement !

    Unlike the UK 

     

    It's supposed to be for those who don't have retirement funds not rich retirees cashed up thus when applying for it you are subjected to the assets test and not everyone is entitled to it because of big Superannuation 

     

    You Olmate are entitled to it though,  because you were smart enough never to work a day in your life 

    Wake up G, it is and your ready to qualify soon. No more.dream  machine! 

  4. 3 hours ago, gearbox said:

    It is not entitlement, it is welfare. The motive to go away from the current system usually 99% is lack of money.

    Lack of money? Who? Govt wont abolosish OAP, they pushed the Super thing, now thats ok to claimearly or for a bad tooth ache, or even a  *house! Elected govt., get it?? 

  5. 1 hour ago, gearbox said:

    In most of the countries of the world the pension is not based on lifestyle, it is based on age, number of years worked, and the size of pension contributions. Sooner or later the Aussie OAP will be retrofitted in this way.

    Think thats Superannuation, Oz OAP is an entitlement,once you reach old age, if eligible, then pmeans tested. Retro fit and you lose government! 

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