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Lotto Winner Loses Access To Pension (Read 19661 times)
aquascoot
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Re: Lotto Winner Loses Access To Pension
Reply #345 - Jan 2nd, 2024 at 6:01pm
 
in other words

you can keep as much cash as you like under the mattress, but services australia want to know about any ammount over $2000 which they do not already have recorded.

peccas lie that you can keep as much as you like and say it is for day to day expenses is a lie and you shouldnt listen to lying liars
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greggerypeccary
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Re: FAKE NEWS re Lotto Winner
Reply #346 - Jan 2nd, 2024 at 6:13pm
 
Lisa Jones wrote on Jan 2nd, 2024 at 4:22pm:
I'm surprised no one else has yet realised this.


As soon as I saw A Current Affair was involved, I knew it was bullshit.

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UnSubRocky
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Re: FAKE NEWS re Lotto Winner
Reply #347 - Jan 2nd, 2024 at 11:00pm
 
Lisa Jones wrote on Jan 2nd, 2024 at 4:22pm:
I'm surprised no one else has yet realised this.


One of those "The Swamp" cartoons had some grandfather talking about his lottery numbers being due to come up. His grandson asked him what he would do with the money, if he won. His response was "Break even".
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UnSubRocky
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Re: Lotto Winner Loses Access To Pension
Reply #348 - Jan 2nd, 2024 at 11:10pm
 
John Smith wrote on Jan 2nd, 2024 at 6:27am:
UnSubRocky wrote on Jan 2nd, 2024 at 12:47am:
So? If you had the opportunity to pay a low rent, would you take it?



Of course.  But I wouldn't be quoting my discounted rent as normal in any discussions about costs of living.  Cheesy


Given that these forums are anonymous and I can say whatever I want without other people checking up on me. I could say that I own a restaurant, and pay a mortgage of $750 a week on some $500,000 home in town here. Saying that I pay $125/week on some house that is practically tipping over, that is not even something I would consider a great deal. But, then again, if I was earning $80,000 a year and have been working fulltime since I was 24 years old, this house would be in a lot better shape by comparison.

The only consideration in cost of living is me comparing my earnings to that of a pensioner and considering how much I would lose out if I won $100,000 in the lottery. I would have to rely on my earnings solely to get me through the payout of my lottery -- not that I would be worse off for the matter. But, I reckon being more than 6 months pass a non-payment from Centrelink, when they do put me back on a payment, I would be able to earn a fair amount of money before I was means tested to lose a portion of what I could get.
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