centrelink

In this episode, Ricky shares a case study of how he helped a client whose husband needed aged care and reveals the strategies that significantly reduced their costs.

He discusses the critical role of a financial advisor in aged care planning, the importance of understanding Centrelink assessments and aged care fees, and the impact of timing on the date of entry into a nursing home.

Ricky also explains the benefits of transferring assets to a younger spouse, maintaining a balance in superannuation to keep insurance coverage, and the advantages of being classified as a low-means resident.

If you're facing the challenge of arranging aged care for a loved one and want to ensure the best financial outcome for your family, this episode is a must-listen!

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SHOW NOTES LINKS

https://rykercapital.com.au/
https://au.linkedin.com/company/ryker-capital
https://www.instagram.com/rykercapital/
https://www.tiktok.com/ryker
https://www.facebook.com/profile.php?id=100054854616452
https://www.linkedin.com/in/ray-regmi-3a267539/
https://www.linkedin.com/in/tamara-storey/ 

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LISTEN TO THE PODCAST

Spotify: https://spoti.fi/3qJL8w4
Apple Podcast: https://apple.co/3QPF3ch
Amazon Music: https://amzn.to/3YMZjgD
Google Podcast: https://bit.ly/3swIVEF

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FIND US HERE

Facebook: https://bit.ly/3RsO5Mr
LinkedIn: https://bit.ly/3Rs0Qah
Instagram: https://bit.ly/46kZvGp
TikTok: https://bit.ly/3PSbK7U
YouTube: https://bit.ly/3rsKxPG 

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TIME STAMPS:

00:00 - Introduction
01:09 - What Does Aged Care Financial Advice Entail?
03:06 - Client Case Study: Aged Care Costs & Client Assessment
10:45 - Conclusion

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DISCLAIMER

The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation. 

The Robodebt royal commission has made damning findings about government ministers and public servants who created and administered the automated debt recovery scheme from Centrelink recipients. And why is the technology company that created ChatGPT being sued in US courts? 

In the wake of the government announcement that a number of welfare payments, including JobSeeker, Austudy, and Youth Allowance, would increase by $40 a day, Ash interviews Dr Shawn Leu. Dr Leu is a senior lecturer of economics, focusing on macroeconomics, within the UNE School of Business on the impact of this announcement and whether it is sufficient.

Can the organisers of a sporting event be held liable for a participant's injuries? And new rules allow Centrelink staff to consider evidence of domestic abuse when assessing a person's relationship status to determine if they're eligible for income support payments.

Netflix has sacked hundreds of staff in a new round of layoffs as the streaming service desperately looks to cut costs, Joe Biden caught using a very bizarre cheat sheet, Centrelink shake-up, Naomi Osaka, LeBron James, Johnny Depp, The Hollywood Vampires, Robert Irwin and Steve Irwin.

See omnystudio.com/listener for privacy information.

Content Warning: This episode contains mentions of domestic violence & abuse that may be disturbing to some listeners.

Lifeline Australia 13 11 14 (Free 24 hour crisis support.)

Vist Kylie Travers or The Thrifty Issue to learn more about our guest.

If you are impacted by the Lockdown and seeking financial support, take a look at this list.

Check out bitcoinorshit.com

Have you got a question or an idea of a topic for us to cover? Get in touch via our instagram @getwemoney . We love hearing from you!

If you enjoy the show, we'd love if you could write a review on Apple podcasts to help other people just like you find us and get better with their finances.
If all this money chat has inspired you to take care of your finances, then Download the WeMoney app. It's free! Use the referral code 'PODCAST' when you sign up to receive $5 when you connect a valid financial account.

Disclaimer
We Talk Cents is not a financial advisor and the information provided is general in nature and was prepared for information purposes only. This podcast should not be considered to constitute financial advice. Accordingly, reliance should not be placed on the podcast as the basis for making an investment, financial or other decision. This information does not take into account your investment objectives, particular needs or financial situation.

Need Help?
If you are struggling with your finances, call the National Debt Helpline on 1800 007 007 for free financial counselling.

Paris Marx is joined by Dhakshayini Sooriyakumaran to discuss Australia’s robodebt scandal where automated decision-making was used against welfare recipients, and how exploitative AI implementations are being deployed by governments in social welfare and at the borders.

Dhakshayini Sooriyakumaran is a proud Tamil person and a PhD candidate at Australian National University whose work focuses on digital identification systems and border policing regimes. Follow Dhakshayini on Twitter as @Dhakshayini_S.

🚨 T-shirts are now available!

Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, and support the show on Patreon.

Find out more about Harbinger Media Network at harbingermedianetwork.com.

Also mentioned in this episode:

• Dhakshayini wrote about robo-governance and why we need to oppose it.
• Robodebt eventually resulted in a A$1.8 billion settlement in favor of welfare recipients.
• Robo-planning was another proposed system for Australia’s disability insurance scheme that has been canceled. A blockchain trial was also considered.
• Australia is trialing a controversial cashless welfare card, and plans to increase the use of biometrics.
• Scarlet Wilcock researched the history of “welfare cheat” narratives in Australia.
• Canada has been using automated decision making to process visa applications.
• Just Futures Law and Mijente released a report called “ICE: Digital Prisons.”
• Israeli company NSO’s Pegasus technology was weaponized against activists, politicians, and journalists.
• The Australian Human Rights Commission released a report on human rights and technology, while the European Data Protection Supervisor has called for a ban on biometrics.

Getting ready to have a baby can be exciting and daunting all at the same time. Not only do you need to work out all the essentials your baby needs, but you also need to work out what family benefits you’re entitled to… And that’s a whole debacle on its own! 

Leigh and Tegan chat to the General Manager of Services Australia Hank Jongen, about how to claim family tax benefits and what you’re entitled to. 

Plus, Tegan’s WTF moment of the week was when her little toddler said “I love you” for the first time… and without any prompts! Excuse us while we mend our melting hearts back together.

LINKS

Services Australia - “Having A Baby” - https://bit.ly/2Pp9DIJ 

Services Australia - “Child Care Subsidy” - https://bit.ly/3gy45Yu 

Services Australia - “Families” - https://bit.ly/30ujNhC 

Services Australia - “Balancing” - https://bit.ly/2C0RnSP 

CREDITS

Hosts: Leigh Campbell & Tegan Natoli

Guest: Hank Jongen

Producer: Pariya Taherzadeh & Bridget Northeast

CONTACT US

Share your WTF moment by leaving us a message on 02 8999 9386.

Send us an email at tgm@mamamia.com.au

Looking for a community of like-minded parents?  Join our Mamamia Parents Facebook Page... https://www.facebook.com/groups/1047713658714395/  

Want a weekly parenting newsletter from Holly Wainwright?  Sign up here... https://www.mamamia.com.au/newsletter/

Looking for other podcasts to listen to?  You'll find all our Mamamia shows at https://mamamia.com.au/podcasts/

This episode is brought to you by Mamamia. 

Become a Mamamia subscriber: https://www.mamamia.com.au/subscribe

See omnystudio.com/listener for privacy information.

Leigh just came back from what was supposed to be the trip of a lifetime with her little family, but when she landed she didn’t expect to be quarantined… with nine people… and barely any toys to keep her little Bug busy!

Plus, like a lot of business owners, Tegan had to make the tough decision of closing right now. But on the plus side, her kids are loving the quality time she’s spending with them.

And Leigh’s WTF moment is one that most mum’s would understand... her little boy’s first words were Dadda. Now if that’s not offensive (in the nicest way possible), then what is?!

CREDITS

Hosts: Leigh Campbell & Tegan Natoli

Producer: Pariya Taherzadeh

CONTACT US

Share your WTF moment by leaving us a message on 02 8999 9386.

Send us an email at tgm@mamamia.com.au

Looking for a community of like-minded parents?  Join our Mamamia Parents Facebook Page... https://www.facebook.com/groups/1047713658714395/  

Want a weekly parenting newsletter from Holly Wainwright?  Sign up here... https://www.mamamia.com.au/newsletter/

Looking for other podcasts to listen to?  You'll find all our Mamamia shows at https://mamamia.com.au/podcasts/

This episode is brought to you by Mamamia.

Become a Mamamia subscriber: https://www.mamamia.com.au/subscribe

See omnystudio.com/listener for privacy information.

Introducing Bill:

Bill's bike broke down, so borrowed a spanner to get it back on the road, and ended up joining me for beer and steak.

We chat like old mates; Bill shares his dreams of starting a commercial cleaning business; his struggles with homelessness, and coping with short term memory loss.

See omnystudio.com/listener for privacy information.

Introducing Bill:

Bill's bike broke down, so borrowed a spanner to get it back on the road, and ended up joining me for beer and steak.

We chat like old mates; Bill shares his dreams of starting a commercial cleaning business; his struggles with homelessness, and coping with short term memory loss.

See omnystudio.com/listener for privacy information.

On this episode of Raise the Platform Alex and Rosie play a clip from a show on SYN Nation called get off my lawn where Maddy talks about her struggle to keep getting the DSP. They also discuss a bit of the back lash that has come with the movie ‘me before you’

Donate to SYN: http://syn.org.au/donate-to-syn/

See omnystudio.com/listener for privacy information.