OMG Centrelink are slow

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Originally Posted by Lotz-A-Landies

Brian


As far as I understand, for rural property the land value of property outside the house paddock, excluding the house are assessed as assets while house is not. The couple of neddies agisted on the property do not produce an income sufficient to live off.

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The area used for domestic purposes including the house is test exempt. This area can be a maximum of two hectares.

The usual choices for people in this situation is sub-divide, keep the house block, and sell the rest; sell the whole property and move to somewhere smaller or of lesser value under the asset test; or rent the place and move elsewhere, forget about the pension and possibly live off the rental income. The legislation does not differentiate between someone with a million dollar block of land and someone with a million dollars in term deposits, shares etc. People get emotionally attached to their long term home but to exempt valuable home properties from the asset test would advantage the owners over others. One consolation is that the commonwealth valuers are usually quite conservative with their figures not liking to lose appeals.

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Originally Posted by schmierer LR at singleton

or perhaps i am a fulltime uni student who is moving overseas soon and will not be able to get centrelink then and will struggle to get work. maybe i travelled around australia for 2 months because my fiance could not stay in australia and we were not going to return here for at least 3 years.

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hmm...

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Originally Posted by schmierer LR at singleton

or perhaps i am a fulltime uni student who is moving overseas soon and will not be able to get centrelink then and will struggle to get work. maybe i travelled around australia for 2 months because my fiance could not stay in australia and we were not going to return here for at least 3 years.

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And perhaps, if you are applying for an unemployment allowance someone considers you are not a genuine job seeker given you are soon going overseas.

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Originally Posted by bussy1963

The people who sell there house and have liquid assets are entitled to a pension..

There is ways around the asset test.

What you do is sell your home.

Take the cash and put it into a Annuity fund. (Low risk, reasonable Interest)

You then draw a weekly income from the Annuity below the pension cut off.

Pay stuff all tax on interest earned.

Get Full or Part pension and entitlements. Travel around oz.

Watch all us poor buggers work a million hrs a week just to support them.

Simple hey

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keep up the good work :angel:

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Originally Posted by Lotz-A-Landies

Brian

I understand what you are saying, however there are many people who have property assets that are not producing an income or interest, are not bullion and yet can neither be sold (prevaling market or subdivision rules) nor modified to produce a sustaining income. These assets also often produce expences like local rates and taxes.

As far as I understand, for rural property the land value of property outside the house paddock, excluding the house are assessed as assets while house is not. The couple of neddies agisted on the property do not produce an income sufficient to live off.

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people with rural properties that are not produuing an income can recieve an assistance

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Originally Posted by schmierer LR at singleton

i have put in an application over a month ago now and they still have not processed it yet, i am glad i am not in a hurry for money :angel:
has anyone else dealt with centrelink? if so how long did it take for your claim to be processed?

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what was your applictation for ? did you go to thier web site and study up the rules first

Sounds as so this young man is trying to stooge Centrellnk. But he has made a simple mistake he posted on here his intentions and you never know who reads these this stuff.

Personally I think he will end up getting free tertiary studies and a very accommodating room mate as H.R.H Hotel Long Bay. Commonly know as crowbar college.

End result goes in with sphincter size of five cent piece Comes out with sphincter size of man hole cover .

Good Luck

i applied for student allowance. so it is not me applying for the dole as such. more just help to pay my uni fees.i probably should have said that first before a few people started assuming other

i handed all my things in and i read all the info for a while and the lady at centrelink said she was going to grant it as soon as i handed in my other documents( tax statement, 100 points of ID)

it has nothing to do with me trying to stooge centrelink, as this has nothing to do with work as i am a full time uni student and lots of people get the student allowance