Should an increase to the Age Pension base rate become an election issue?
The Age Pension will increase – somewhat – and although many pensioners would have hoped for more, at least it was an increase.
But, instead of these minor twice-yearly increases, is it time the base rate – which hasn't budged since 2008 – received a healthy bump? Surely, an Age Pension base rate would do more towards solving pension poverty than an extra $9.20 per fortnight ...
Should this become an election issue? Will the 20 March increase be enough to even make a difference?
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Are the nominal increases in the Age Pension insulting to struggling retirees? We welcome your opinions in the comments section below.
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