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David Walden

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About David Walden

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  1. David Walden

    Australian Aged Pension

    Well yes this site is not really about DSP. That is where much of the confusions exists and this is site is ThaiVisa and is mostly about Thailand and the Australian Aged Pension (AAP). Portability for the DSP has not been available anywhere since 1/01/2013. Older long term recipients may succeed in appealing this rule but very few succeed. If their only long time carer lives in Thailand well that might work.
  2. David Walden

    Australian Aged Pension

    https://www.smh.com.au/national/struggling-pensioners-opt-to-leave-australia-for-a-cheaper-country-20140607-39pui.htmlhttps://www.smh.com.au/national/struggling-pensioners-opt-to-leave-australia-for-a-cheaper-country-20140607-39pui.htmlhttps://www.smh.com.au/national/struggling-pensioners-opt-to-leave-australia-for-a-cheaper-country-20140607-39pui.html
  3. David Walden

    Australian Aged Pension

    Do you think you may have left the ("0") off https://www.smh.com.au/national/struggling-pensioners-opt-to-leave-australia-for-a-cheaper-country-20140607-39pui.html
  4. David Walden

    Australian Aged Pension

    Not many with DSP portability now. It all stopped about 1/01/2013. But if you have lived long time in Thailand on DSP there is a AAT precedent set that will help you if you can't make it back to Aus through hardship or likely marriage failure. Hmmmm.
  5. David Walden

    Australian Aged Pension

    I have several of Noels books ( they date very quickly) and have frequently written to him about the 83% of pensioners who are part self funded or have no savings at all, he has never replied. There is a lot of useful advice available particularly in relation to Centrelink he will not get into. I try to engage people to discuss these but it is a never ending story which could be given to part self funded retirees about how to get the best out small amounts of i.e. super, work bonus for pensioners, thresholds, driving a school bus whilst getting the pension and tax matters, tax offsets for retirees over 65 y/o. It goes on and on. These smaller transactions don't provide very much commission to big investment advisers, bigger fish is what Noel is all about as are many, he is part of a very successful investment advice business, And for that matter so are the other 50,000 or so pension investment advisers in Australia who rely on OPM (other peoples money) to make a living often giving dubious advice as to what to do with their money, including banks, life companies, investment house, loan sharks etc. etc. The present Bank Royal Commission in Aus is aghast at what rip offs that have been going on. My wife recently had to be refunded $12,000 at the direction of AAAC because her bank manged super fund had overcharged her commission over the last 5 years, she has only banked with that bank all her life ( she had no Idea what had happened). That bank managed super fund also had repay for overcharging commission to more then 200,000 other customers and it's still happening. There could be as many as 10 million a/cs where overcharging has occurred with pension funds in Australia and most likely more world wide. There is not much point in changing funds because of the rip offs as she would loose the grandfathering effect of her present fund if she transferred and have to pay the 15% tax by stealth that the Govt promise it would never do (both sides). Perhaps better to stay with the devil you know? I have not seen Noel give at advice to pensioner small asset owners on how to get the best return from Centrelink and until recently I have read his column in the Sunday Times in W.A for about 30 years every Sunday. Most of his advice is very good for your totally self funded retirees and wealthy people ...that is where the big bucks are...good luck to him. I am not bagging Noel but his advice is hardly relevant to these mostly Australian Pensioners on this site looking to live overseas and some comfort with what they get. There are about 250 pages on this ThaiVisa site from thousands of Australians wanting advice on the best way to retiree over seas and make the change, especially to Thailand. Your reference to Noel Whittaker I believe is about the 1st time his name has ever been mentioned here...I haven't read all the 250 pages, and the 20 so posts on each page (=about 5000 posts) so if his name has come up I stand corrected...I do like Noel and have missed his column in the Sunday times "I'm just a poor Aussie Pensioner". I've lived much of my time in Thailand. Noels column is not available to me, Perth Sunday Times is not available in Thailand. PS...I only comment matters which I've had personal experience with so "Sticks and stones will break my bones but names will never hurt me".
  6. David Walden

    Australian Aged Pension

    I've given up after trying to roll the tape forward for half an hour. Of course Noel Whittaker in the highly profitable business of giving investment advice to novices.
  7. David Walden

    What happened to Lay tomato flovoured crisps?

    Or like having a shower with a rain coat on.
  8. David Walden

    PHOTOS: Second largest Starbucks in the world opens in Bangkok

    I think drinking coffee at Starbucks in Thailand is about Thais being seen to be up market and a bit flash...in Australia we call that "snobbery". The sort of thing Mr Bucket does in " Keeping up Appearances" It don't matter if the coffee is crap just so long you are seen to be on the que.
  9. David Walden

    Australian Aged Pension

    If you leave Aus go overseas and you get sick, break a leg or need hospital treatment Medicare will not pay for any treatment overseas. You can get treatment if you can get back to Aus. The cost of repatriation must be born by the patients. It seems if you are absent from Aus for more then 5 years there will a time limit as to how long you need to be back before you Medicare is reinstated. If you think I'm wrong with this information I'd appreciate you telling where I'm wrong. I have not been away long enough from Aus on my regular trips to and from Thailand but have friends who have been away over 5 years, all just falls into place when I return after 3/4 months. If I see a doctor back home I pay nothing and get almost all treatment and medicine free. I'd be happy if you could tell me where if my information is wrong, "misinformation you say"? I have said before I only comment on matters I have had personal experience with. Well I've only had minor treatment for 2 lovely black eyes after falling down some steps at a hotel in Nong Khai, never had to have any major medical treatment whilst overseas but plenty of Aussies ( some are friends) that are overseas do not qualify for Medicare as they have been away from Aus more then 5 years. Much of this post applies only to Aus Aged Pensioners.
  10. David Walden

    Australian Aged Pension

    It would nice if you could point out where my comments about the aged pension are incorrect. I've had a lot of experience in that area. You seem to be having difficulty answering that...but you are good at being impolite.
  11. David Walden

    Australian Aged Pension

    If you don't understand this answer to your question, all your other question on this subject are irrelevant.
  12. David Walden

    Australian Aged Pension

    You only have to be away from Aus one day and your Medicare stops.
  13. David Walden

    Australian Aged Pension

    Before the current changes not long ago Centrelink suspended my pension because I told them I was leaving Aus at 1.30 am on a Wednesday the time of the flights departure (said so on the ticket). I passed through immigration at 11.30 pm on Tuesday. As I did not give correct information my pension was suspended for 2 weeks but sorted out later. If I went though immigration at 1 min pat 12 midnight all would have been OK. As I passed through immigration at 11.30 pm Tues that was officially my time of departure from Aus, yes being Tuesday, I told a porky. The day before that's when I officially left Aus. Technically I was not in the departure lounge but had already left at Aus at 11.30 pm Tuesday. I think the current procedure has fixed that. Issues like this could have funny legal implication... we live in hope.
  14. David Walden

    Australian Aged Pension

  15. David Walden

    Australian Aged Pension

    Unless you advise Centrelink of a definite date you are returning to Aus you will be deemed a having left Aus permanently. From the day you depart your pension supplement will be stopped instead of the usual 6 weeks grace that returning holiday makers get. This will cost you about $180.00. On the Centrelink site where this information is required if you leave the date of return blank they will assume your not coming back, until you do?
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