Changes to pension means testing that took effect on January 1 have changed the financial dynamics of both pensions and aged care in Australia. They are the biggest changes to means testing we have seen in a decade. Perhaps a little like fashion, where if you wait long enough flares come back in, this new asset test is the same one that was abolished in 2007.
More than 1,000 Melburnians were joined last weekend by Takaya Honda, Dr Tanaka in Network Ten’s Neighbours and former Play School host; Nicola Stevens, Collingwood Football Club AFLW and Amy Jackson, Melbourne City Football Club W-League, as they set out together to run or walk at Memory Walk & Jog in Templestowe on Sunday 23 April.
If someone said to you that from this day on your husband would be making all your clothing decisions and choices, for the rest of your life! What would you think? How would you react? The reality is that this is just the case for the majority of people in residential aged care today.
