Exempt Asset Limit increased to $13,500

From 1 July 2020 the Funeral Bond exempt asset limit has been increased from $13,250 to $13,500. Funeral Bond holders can now have up to $13,500 of contributions in a Funeral Bond and the whole balance is exempt from the Age Pension asset and income tests.

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Captain Rod Lovell visits Chiton Retirement Living

Captain Rod Lovell, a Goolwa local, Pilot and author of ‘Hero to Zero’ came to visit Chiton Retirement Living to share his incredible story.

“Bureau of Air Safety Investigation (BASI) had 2 years. Sully had 208 seconds. I had 46 seconds.”

On the 24th April 1994, an aircraft on route to Norfolk Island was flown into Botany Bay only seconds after take-off, the plane was fully submerged within 15 minutes. Executing a perfect landing, the pilot saved all passengers and crew on board and was hailed a local hero.

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Downsizing Tips for Retirees

KeyInvest recently hosted a workshop at some of our villages, for retirees looking to gain some advice on the process of downsizing. Four industry experts from the fields of interior design, real estate, auctioneering and retirement villages were on hand to explain how to make what might seem a daunting process, so much easier.

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Chiton on Out of the Blue

Tune in and watch Out of the Blue on Saturday August 10 at 5:30pm on Channel 7.

Our Chiton Retirement Living is featured and we are beyond excited. Michael Keelan and Michael Angelakis did an amazing job of showcasing our award winning village and we can’t wait to see the footage on Saturday. Who is bringing the popcorn?!

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New Financial Year Changes – #13

The new financial year always brings change, and 2019/20 is one of the more dynamic in recent times. An array of rates and thresholds have moved, but the first week of this July brings more than just incremental changes. A number of rules affecting the clients of financial planners are markedly different in the new financial year. This month there are a dozen of these changes that planners need to know about;

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Not everything changes

Over the past couple of weeks we have been blogging about the new financial year changes. Not everything changes though. 

There are a range of thresholds that did not increase on July 1, 2019.

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New Financial Year Changes – #12

The new financial year always brings change, and 2019/20 is one of the more dynamic in recent times. An array of rates and thresholds have moved, but the first week of this July brings more than just incremental changes. A number of rules affecting the clients of financial planners are markedly different in the new financial year. This month there are a dozen of these changes that planners need to know about;

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New Financial Year Changes – #11

The new financial year always brings change, and 2019/20 is one of the more dynamic in recent times. An array of rates and thresholds have moved, but the first week of this July brings more than just incremental changes. A number of rules affecting the clients of financial planners are markedly different in the new financial year. This month there are a dozen of these changes that planners need to know about;

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