PropertyInvesting.com | canneram | Activity https://www.propertyinvesting.com/members/canneram/activity/ Activity feed for canneram. Mon, 13 Apr 2026 04:57:34 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 38aa37109b9c5babaa7e468a38ccfd50 canneram replied to the topic First post in the forum No Subject https://www.propertyinvesting.com/topic/4372018-first-post-2/#post-4460754 Wed, 17 Mar 2004 23:20:38 +0000 Hi Kay

yes I have to be really careful, Centrelink is not known for their compassion and understanding! I have a friend who is really knowledgable about money matters and investing and stuff and she is advising me. I will probably buy a few shares and that way I can still keep within the rules!

I live in the Illawarra, I don’t know if anyone…[Read more]

]]> d3182429bd351239b8fa7db6f3d2c104 canneram replied to the topic First post in the forum General Property https://www.propertyinvesting.com/topic/4372018-first-post-2/#post-4460752 Wed, 17 Mar 2004 22:31:42 +0000 On my pension, I can earn about $140 a fortnight. $212 dollars a fortnight is for a couple.

Before it affects my pension the asset test allows me to have $149500 in assets and $302500 before my pension cuts out. (This is the rules for a homeowner as I already own my own house)

The thing is under the income test, under the deeming rules, about…[Read more]

]]> ffdc59aba85765c14f0851ace87853ed canneram replied to the topic First post in the forum General Property https://www.propertyinvesting.com/topic/4372018-first-post-2/#post-4460748 Mon, 15 Mar 2004 01:51:28 +0000 Hi Kay Henry,

I can’t really buy RE because there is an assets test. I am only allowed to have about 140,000 worth of assets before my pension is affected and since, because I have no way of earning an income due to health reasons, I have to stick to the rules!!

It’s really annoying!!

Cheers

canneram

]]> 69f1233c6885707c54aae43d207dca1c canneram replied to the topic First post in the forum General Property https://www.propertyinvesting.com/topic/4372018-first-post-2/#post-4460746 Mon, 15 Mar 2004 01:29:51 +0000 Yes I have a third share in the house (my parents own the other twothirds) and we are paying it off together.

We sold a unit my parents owned in Sydney but that wasn’t quite enough to pay for the house so we took out a $50000 loan in Nov 2001 and that should be paid off by the end of the year. We have been paying absoultely everything towards it…[Read more]

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