From 20 September pensioners can also work and have 50% of their first $500 income per fortnight not counted in assessing their pension rate. This equates to a pensioner being able to earn $6,500 p.a. without disturbing their pension.
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
