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?
Why not take part our Age Pension Poll and let us know?
Are the nominal increases in the Age Pension insulting to struggling retirees? We welcome your opinions in the comments section below.
Age Pension rules are complex – let us simplify them for you. The PensionChecker™ tool has all the information you need.