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9 ways to legally hide money from Centrelink Age Pension #HideMoneyFromCentrelink

1.1M views · Apr 28, 2021 · Education

Comments · 1.5K

  • @BigAl53750 · 2 years ago

    Basically, if you are not a politician, you’re screwed.

    170

  • @imeletasanileva1024 · 5 months ago

    There is a law for the politicians, and another law for the ordinary people.

    29

  • @janettedavis6627 · 1 year ago

    In Sweden everyone gets the aged pension . No asset tests. Nursing homes no huge deposits needed.

    234

  • @RevelationSevenTwelve · 1 year ago

    I used to look forward to retirement.  Having to deal with centrelink put an end to that!

    149

  • @OMARWALTER-q1c · 1 year ago

    None of what you just said is about hiding money from centrelink. Every person that's about to retire should know all those things,and it's perfectly legal to do all of that. The only ones that hide their money (wealth) are the politicians and we have allowed them to get away with it for too long. We need to do something to change that and STOP them from reaping us off its gone on for far too long already. 😢😢😢😢😢😢

    71

  • @MrMgblue22 · 2 years ago

    I agree with @Pixie in other countries the age pension is a given, not tested, it’s a recognition of the contribution we have made in building the country, it’s annoying that the people (politicians) who make these rules, are never means tested for their pensions!!!

    376

  • @marthanewsome6375 · 2 years ago

    What sucks is my parents were able to retire at 55 no problem, but now I can't until I'm 67. I will probably drop dead by then, but guess that's what the government is hoping for.

    241

  • @victorsvoice7978 · 2 years ago

    It would be nice if all Australians had the same pension scheme as our politicians. They get a pension for life. The same pension rules that apply to most Australians. Should apply to politicians. They should not have access their superannuation fund until aged 67.

    511

  • @noahsarc_12 · 2 years ago

    My opinion: &nbsp;I wish that our Age Pension Payment is based on how long did we actually worked and paid TAX. <br>Some people worked hard thier entire life and saved too. If Age Pension &nbsp;means it is ASSET-TESTED, &nbsp; &nbsp;we are penalising those people who are frugal in their lives. <br><br>Some people only worked for an amalgamated &nbsp;shorter period of time - and thus paid tax for shorter period of time. <br><br>Some people are prioritising holiday (locally, internationally), socialising &nbsp;-NOT THAT THERE IS WRONG WITH THAT - however obviously were not into savings. <br><br>So why are we policing and penalising those people who tried all their lives to do the right thing for themselves.

    150

  • @joumanakaram8075 · 2 years ago

    Never hide, lie, cheat. You will live a lot happier and healthier. And you will have a peace of mind.

    211

  • @pixie3760 · 4 years ago

    I&apos;ve always been of the opinion that if you&apos;ve worked &nbsp;all your life it doesn&apos;t matter how much money you have &nbsp;everyone &nbsp;should be &nbsp;entitled to the age pension

    840

  • @SuperTambo69 · 2 years ago

    The other problem with immigration and the age pension is a 40 year immigrant can immigrate to Australia and in 27 years can get the age pension, yet a natural Australian has paid taxes for 49 years (67-18).

    39

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