The Role and Evolution of Friendly Societies in Australia Friendly societies are mutual, member-owned organisations that first emerged in Australia during the 1830s with the arrival of free workers. In an era when state-supported welfare systems were non-existent, friendly societies…
As of 1 July 2025, the maximum contribution limit for a funeral bond to be treated as an Exempt Asset by Centrelink & DVA, has increased from $15,500 to $15,750. That means that a funeral bond will be an Exempt…