Pensioners can now earn extra $4,000. Labor Government is introducing a change to Work Bonus allowing Pensioners earn extra. So why the government is graciously allowing pensioners to earn more? Why all of the sudden you get to keep more money before it affects your Age Pension? Well, the government has a bigger problem to fix, which is lack of workforce in Australia. Our unemployment rate is that low, that employers find it impossible to find new staff. Therefore, now the government came up with the idea, that a great deal of workforce available that has retired. But the government needs to find an incentive for pensioners to actually see the benefit of working extra. After all, why would you make an effort to get up in the morning and go back to work, if in return your Age Pension would be reduced or cut out altogether? Therefore, increasing the Work Bonus might just do the trick and incentivise enough that some pensioner will decide to participate and take advantage of the higher Work Bonus balance. So that was the background of the Work Bonus increase, and now let's look into details. How can pensioners earn that extra $4,000? Video mentioned: Age Pension Work Bonus - https://youtu.be/MilA-MVk4Ic Pensioner Concession Card - https://youtu.be/IImB4sHVc24 Benefits per State - https://youtu.be/Yz2HpQc1rgg Centrelink Concession Cards for your retirement - https://youtu.be/R51iv6oZpAE To download the book 12 PRINCIPLES OF INVESTING: https://ebook.aboutretirement.com.au/12-principles-of-investing-download Contact details: Katherine Isbrandt of About Retirement Website: https://aboutretirement.com.au/ Email: hello@aboutretirement.com.au Or connect with me: https://www.facebook.com/katherineisbrandt/?modal=admin_todo_tour https://www.linkedin.com/in/katherineisbrandt/ https://www.instagram.com/katherineisbrandt https://www.pinterest.com.au/katherineisbrandt/pins/ FSG: https://aboutretirement.com.au/wp-content/uploads/2025/01/FSG-4.0-Online.pdf Katherine’s Adviser Profile: https://aboutretirement.com.au/wp-content/uploads/2025/01/KI-Adviser-profile-Online-PDF.pdf Shaun’s Adviser Profile: https://aboutretirement.com.au/wp-content/uploads/2025/01/SJ-Adviser-profile-V2-Online-PDF.pdf #KatherineIsbrandt #Aboutretirement #AgePensionWorkBonus