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  1. W

    What/who is a Millionaire?

    Which raises another bucket of worms.......If Mr. Krock Senior had no income and owned Tahiti outright, and the house is also the (unowned) residence of his adult son and family, and the son pays all outgoings, would the paid outgoings be considered income earnt by Mr Krock senior? AFAIK, it...
  2. W

    What/who is a Millionaire?

    I am not that familiar with the assets or income test for the pension, but over the weekend we were discussing the fairness of it all. A friend's father lives in a modest house on a couple of hundred acres in rural Qld. He can't get the pension because the assets test only allows for a certain...
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