Posts by Melinda Planken

How to Update Centrelink with your Income & Assets

If you receive a payment from Centrelink, it is very important to keep Centrelink aware of your Income & Assets and update them within 14 days of any changes to your circumstances. Doing so ensures you get everything you’re entitled to.   We know that keeping Centrelink up to date can be rather confusing.  Accordingly, we…

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Planning for Aged Care

Taking the step to move to Aged Care can be a draining one, emotionally, physically and financially. To make the transition as stress-free as possible, it is important to fully understand your needs and options. Some issues you’ll likely need to consider as you begin planning a move into Aged Care include the actual level…

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Muirfield Budget Update – 2017

On 9 May, Treasurer Scott Morrison delivered the 2017 Budget. Morrison touched on quite a few points and declared that Australia will return to surplus in the coming years. There are some interesting changes that may come about due to the budget, and we have highlighted these below:   Home Proceeds and Superannuation In the…

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Paying your Aged Care Entry Fee

If you have entered care and are required to pay an Entry Fee you can choose to pay this in one of three ways: A Lump sum payment called a ‘Refundable Accommodation Payment’ or RAD A Regular rental-type payment called a ‘Daily Accommodation Payment’ or DAP Combination of a RAD and a DAP You will…

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Reminder: You’re doing fine!

And we know you’re doing fine, because you’re reading this and are clearly interested in actively securing your lifestyle in retirement. You are either working to develop a plan for your future or already have one in place. You are ahead of the curve. According to a study done by MLC, of the Australians who…

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How Not to Invest

Every once in a while we hear investment suggestions that make us uneasy. It’s not that the suggestions are necessarily wrong or bad, more often than not they are based wholly in common sense. The problem is that the rules of common sense rarely ever apply to good investing.   AMP’s Chief Economist, Shane Oliver,…

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Third Quarter Market Update

In a show of why it’s generally a good idea to invest with a buy and hold strategy in mind, the market has been making a rather impressive recovery since the Brexit triggered shock events throughout the world’s markets.   For the three months ending on September 30th, the All Ordinaries gained 5.3% to reach…

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Muirfield Centrelink Seminar

Earlier today, 25th May, 2016, Muirfield held a public seminar to educate Age Pensioners what the implications will be when Centrelink change the asset thresholds from January 2017. If you would like to review the presentation we have attached a copy here, otherwise, if you have further questions please do not hesitate to contact our office…

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