Bonus issue: does it change the number of shares?
On the passbook, a bonus issue line reads: named in the sources: report
Bonus shares and the Age Pension
Receiving bonus shares is one of the events the Guide to Social Security Law lists for Age Pension recipients to notify within 14 days, and the total number of shares changes.
Worked example
A 1 for 10 bonus issue added 120 EXD shares to a holding of 1,200, on Wed 29 Jul 2026. Day 14 is Wed 12 Aug 2026, a working day, so the report-by date is Wed 12 Aug 2026 (national holidays only; set your state and its public holidays move it too). Bonus shares are named in the Guide's list, so this one is reported; it sits under finding 5 until its quantity is ticked confirmed.
The rules behind it
For a bonus issue line: Bonus shares · The total number of shares · The 14 days. Sources: Services Australia, change of circumstances; Services Australia, managing your Age Pension payment; Services Australia, online account help for updating shares; Guide to Social Security Law 3.10.4.10; Guide to Social Security Law 3.4.1.50.
The rule. Report a change in shares within 14 days. Named in the sources: a buy, a sale, bonus shares. Any other change to the total number of shares the form asks for: report or confirm. A price movement is not on the list; listed shares are revalued on 20 March and 20 September. Every rule and its source.
What it takes. Trade lines only: date, code, buy or sell, quantity. Recognised account and holder numbers are removed; nothing leaves your browser until you save.
Who publishes it. The Art of Service, not affiliated with Services Australia; not financial advice. Check a history.