Pension Loans Scheme Rate

Dear Friends,

One thing that needs to be addressed is the interest rate that Centrelink charges to pensioners who access the Pension Loans Scheme. This is currently 5.25% and has not changed for some years, despite significant reductions in the cash rate.

What are your views on this matter?
Regards,
Margaret

1 comments

I think that is over the odds--as they have reduced the deeming rate

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