Adelaide Financial Advisors & Wealth Management Experts
logo-05.jpg

Humble Goode Financial | Blog

Latest News, Blog Posts & Information

Posts tagged Work Bonus
Work Bonus changes - two significant changes for Age Pension recipients (and they’re good changes!)

Two significant changes have been made to the Work Bonus scheme.  These changes apply from 1 January 2024.  The first change is that an initial credit of $4,000 will be granted to the “work bonus bank” of each new age pension recipient.  The second is that the maximum balance of the “work bonus bank” has been increased to $11,800 (previously the maximum balance was $7,800). 

Read More