Australian Retirees Overseas

Duncan · Post by **Duncan** » Sat May 07, 2016 12:36 pm

Guess who I'm not voting for.

Australians overseas

From July 2017, people with Australian government HELP debts who are working overseas will be required to make payments on their loans. They will have the same loan repayment obligations as those who reside in Australia, with anyone earning more than the threshold (A$53,345 in 2014–15) being required to contribute a portion of their income to loan repayments.
From January 2016, anyone with a HELP debt leaving Australia for more than six months will be required to register with the ATO, while anyone already overseas will be required to register before July 2017.
The Government plans to save $168.6 million over four years from January 2016 by changing pension eligibility requirements for those living overseas. Australians on some types of pension, including the disability pension and the age pension, will have the rate of their payments cut after being overseas for more than six weeks, down from the previous limit of 26 weeks.

rozzieoz · Post by **rozzieoz** » Sat May 07, 2016 1:08 pm

They come up with more and more creative ways to fuck Australians every week.

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Duncan · Post by **Duncan** » Sat May 07, 2016 2:44 pm

rozzieoz wrote:They come up with more and more creative ways to fuck Australians every week.

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Not only Australia. Without mentioning Cambodia, All governments seem to go out of their way to make it's citizen's angry and the expect them to vote for them.

Rutiger · Post by **Rutiger** » Sat May 07, 2016 7:16 pm

The part about having to pay back loans makes perfect sense.

The reduction in government benefits for those living overseas seems a bit harsh. assuming the recipient worked all their lives to earn those retirement benefits.

Duncan · Post by **Duncan** » Sat May 07, 2016 7:38 pm

Rutiger wrote:The part about having to pay back loans makes perfect sense.

The reduction in government benefits for those living overseas seems a bit harsh. assuming the recipient worked all their lives to earn those retirement benefits.

But is a student with a loan that has to be paid back, plus interest, going to tell the gov that they are going o/s for more than 6 months.? More likely , hey I'm going for one month, then they decide to never go back? Even up to recent times, I believe many students got themselves into debt, then declared bankruptcy , which wiped out much of what they owed.
As for those student born o/seas and became oz citizens, got a free education and loan etc, and returned to their country of birth,,, they are required to register before 7/2017,,, Don't make me laugh .
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From July 2017, people with Australian government HELP debts who are working overseas will be required to make payments on their loans. They will have the same loan repayment obligations as those who reside in Australia, with anyone earning more than the threshold (A$53,345 in 2014–15) being required to contribute a portion of their income to loan repayments.
From January 2016, anyone with a HELP debt leaving Australia for more than six months will be required to register with the ATO, while anyone already overseas will be required to register before July 2017.

Post by **Username Taken** » Sat May 07, 2016 8:34 pm

Is there a definition of a 'HELP' debt? Is that an acronym for something?

rozzieoz · Post by **rozzieoz** » Sat May 07, 2016 8:45 pm

Not necessarily - The Aged pension is government funded

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Duncan · Post by **Duncan** » Sat May 07, 2016 8:50 pm

Username Taken wrote:Is there a definition of a 'HELP' debt? Is that an acronym for something?

http://studyassist.gov.au/sites/studyas ... sHECS-HELP

thePeck · Post by **thePeck** » Sat May 07, 2016 11:12 pm

I need to tell my friend here, he's been over here for a year and no idea if he's heard about this. He's already having a tough time making ends meet, if they are cutting his pension it'll make it worse. Why the fuck are they screwing around with their pensions?...

Post by **Username Taken** » Sat May 07, 2016 11:21 pm

^^ "Why the fuck are they screwing around with their pensions?..."

I imagine that the Treasurer is jealous of all these guys retiring to the tropics, spending their days drinking 50 cent beers, and shagging girls with the body of a Playboy magazine centerfold.