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  1. Greg350

    Retiring But Not Relaxing: Australia’s Age Pension Maze

    Wow, you can waste $2,000 on one of them. Must have too much money.
  2. Greg350

    Retiring But Not Relaxing: Australia’s Age Pension Maze

    Thank you, exactly what I'm saying. But others seem to think online is impossible for everyone except 20 year olds.
  3. Greg350

    Retiring But Not Relaxing: Australia’s Age Pension Maze

    No they do not. Why do they ask you if they know? How long have you worked in the ATO office? Centrelink can access superannuation and account based pension accounts, they cannot access regular bank accounts. To do so they must issue a demand through court and they are not doing that for every...
  4. Greg350

    Retiring But Not Relaxing: Australia’s Age Pension Maze

    You're online now, it's so simple, surely if you can't do it someone can show you, help you. Or I guess you can just whinge and complain.
  5. Greg350

    Retiring But Not Relaxing: Australia’s Age Pension Maze

    Because Centrelink is not the ATO
  6. Greg350

    Retiring But Not Relaxing: Australia’s Age Pension Maze

    The younger folk have little in super, that does not help much with 1 million+ homes.
  7. Greg350

    Retiring But Not Relaxing: Australia’s Age Pension Maze

    Are you doing it online, so easy that way. You only have to answer questions related to your situation, complete it, screenshot a few documents and send it in. Mine took 7 weeks to process, well before it was due to commence.
  8. Greg350

    Major bank threatens account closure over unexplained home cash

    FFS, you are an idiot. What the hell are you on about. This is simple, the Bank asks you if you have cash on hand, if you tell them no, that's it. You cannot be this dumb, it is not the Bank wanting to know it's the cash reporting agency who in turn sends the information to the Federal Police...
  9. Greg350

    Major bank threatens account closure over unexplained home cash

    AGAIN, the Banks are mandated to do this, they have no choice.
  10. Greg350

    Major bank threatens account closure over unexplained home cash

    Where did it say the Bank knew, the article states, "Did he keep cash at home, and if so, why?" That's a question not an assumption. Maybe you should learn to read properly.
  11. Greg350

    Major bank threatens account closure over unexplained home cash

    Have you never heard of Austrac? This has been around since 1989, and Australia was behind other countries. It's for CASH transactions of $10,000 or MORE, not less, lol. The Banks are mandated to report these transactions, if it's a once only transaction nothing will happen, if it's regular...
  12. Greg350

    Major bank threatens account closure over unexplained home cash

    What's that mean? You don't like the truth, rather have some strange conspiracy to be true. Bad luck, simple Austrac Reporting that has been happing for decades.
  13. Greg350

    Major bank threatens account closure over unexplained home cash

    Yes they do have systems in place, it's called Austrac Reporting and because of that reporting the Bank has followed up on what this person maybe up to.
  14. Greg350

    Major bank threatens account closure over unexplained home cash

    Every Bank in the country MUST abide by this, it's not a CBA thing and it's not an Australian thing, happens in most countries.
  15. Greg350

    Major bank threatens account closure over unexplained home cash

    Another paranoid fool. This has been happening since 1989 and happens around the world, so how has it controlled you so far?
  16. Greg350

    Major bank threatens account closure over unexplained home cash

    And the Macq bank do exactly the same thing as per government requirements. AND this happens around the world, so, so many naive people here.
  17. Greg350

    Major bank threatens account closure over unexplained home cash

    Only happens to criminals and has been happening for decades, this is nothing new.
  18. Greg350

    Major bank threatens account closure over unexplained home cash

    OMG - READ what they said and interpret it correctly, NOT what the nutcases think it means.
  19. Greg350

    Major bank threatens account closure over unexplained home cash

    This has been happening for decades and happens around the world, North America, Europe, Asia, Middle East, etc, etc. You are so naive, just because you haven't heard about it before you suddenly think Australia is a "nanny state", WRONG. Try North Korea and see what it's like. Yes we are a...
  20. Greg350

    Major bank threatens account closure over unexplained home cash

    This started in 1989, many counties do exactly the same thing.
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