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Business
Craig Sankey

How our homes are treated in Centrelink’s pension assets test

Centrelink Craig Sankey Disability Jan Jenny
Our family homes are excluded from the pension assets test. Photo: TND

Question 1: Why do most financial advisers suggest that, while interest rates are low, we should pay off as much as we can of our mortgage? The way I look at this advice is that when rates go up, we should not pay them off.

I’m not sure that ‘most’ financial advisers would give this advice.

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