Nine ways to look broke enough for the pension

news.com.au · Sunday 3 May 2026

Nine ways to look broke enough for the pension

A financial expert lists nine legal techniques to shuffle assets and boost age pension entitlements — turning the means test into a planning exercise.

Nine legal ways to hide your money so the taxpayer keeps topping up your pension. The means test was meant to direct the pension to people who need it; instead it's spawned a cottage industry teaching retirees how to look poorer than they are. Menzies designed a safety net. We've turned it into a tax-planning seminar with a dress code.

Also covered by