Treasurer Josh Frydenberg has cut the deeming rate for large investments from 3.25% to 3%, and for smaller ones from 1.75% all the way down to 1%, backdated to...
Tag - pension
About 1 million pensioners will receive a funding boost of up to $804 a year, after the Government announced long-anticipated changes to so-called deeming...
Retirees have been feeling the pinch of historically low interest rates since the GFC and this has been further compounded by changes to Age Pension criteria...
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