17th Feb 2015
Pension deeming rates change
Author: Kaye Fallick

Social Services Minister Scott Morrison has announced a $200 million ‘boost’ to pensions, thanks to a cut in deeming rates. In announcing the ‘boost’ Minister Morrison says it's because the government understood the pressure faced by pensioners with the rising costs of living.

The change in rates will add an extra $80 per annum to the income of more than 700,000 part pensioners. But the change in rates is not a gift. To understand how this works, it is useful to quote the Centrelink website on the definition of deeming rates:

“The deeming rules assume your financial assets are earning a certain amount of income, regardless of the income they actually earn. Deeming encourages you to earn more income from your investments and reduces the extent that your payments may vary.”

Deeming is used to calculate income for pension, benefit and allowance payments.

These rates are routinely reviewed and changed. They are not a bonus bestowed by governments, but an obligation – as official interest rates are lowered and economic conditions result in lower returns on bank deposits, so the interest earned on such deposits must be reviewed and ‘deemed’ to be lower than it was. And this is what has occurred. Interest rates are down, so deeming rates need to be adjusted downwards. And the result is a somewhat paltry $3 per week for those who have such investments.  The lower deeming rate will fall from 2 per cent to 1.75 per cent for investments of up to $48,000 for single pensioners and allowees, while for investments exceeding this amount, the upper deeming rate will fall by 0.25 to 3.25 per cent.

On ABC Radio’s AM program on Monday, Mr. Morrison noted that

"It's modest, but you can't go around with unfunded empathy here…the Government does understand the pressures facing pensioners and cost-of-living increases."

Opposition Treasurer Chris Bowen described Scott Morrison’s claims as "outrageous".

Read more at ABC.net.au

Read more at News.com.au

Opinion: More pension porkies

Some days it’s difficult not to be skeptical. Yesterday was one, when a pension entitlement was sold as an $80 per annum ‘boost’. Really, Mr Morrison? You have to be kidding. The economy is tanking, interest rates are falling lower than we have seen for decades and you take credit for making a required, regular adjustment to deeming rates? You do have to be kidding, don’t you?

And this $3 per week ‘boost’ pales into insignificance when compared to the potential $80 per week Age Pension cut that may result from changed proposed in the May 2014 budget – and remains on the table to be pushed through the Senate as soon as Mr Morrison can pressure the necessary crossbenchers to support it. Let’s not fool ourselves with boosts, bonuses and cuts. Let’s grasp the facts. The deeming rates – under this government and all previous – are routinely reviewed and changed in line with economic conditions and current interest rates. End of story.

So a change to deeming interest rates is not a gift from a government which demonstrates ‘empathy’. It is an entitlement. Full stop. As are the scheduled, indexation increases which will be delivered in March and September – definitely not a gift.

What do you think? Is the $80 per annum deeming rate cut indeed a display of empathy by the Federal Government? Or is this an expected entitlement in the wake of falling interest rates? What do you think of he new Social Services Minister Scott Morrison performance in his first two months in the role?

Sign our Protect the pension petition

Read more at PM writes to pensioners





    COMMENTS

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    tams
    17th Feb 2015
    10:38am
    Start means testing the family home at the top end and the savings of $800m can be applied to those on the full pension.
    adbob
    17th Feb 2015
    2:18pm
    I've got a much better idea.

    Stop means-testing altogether. Take the current total age pension budget and divide it equally amongst all age pensioners.

    Then maybe people who worked hard, paid tax and saved all their lives will have something to show for it - instead of having to live on their own money in a spongers' paradise called Australia after a lifetime of paying exorbitant rates of income tax, which at the time we were told included the equivalent of social security payments in other countries.

    In every other country in the developed world the more you pay in during your lifetime the more you draw out in retirement. In Australia it's the opposite.
    KSS
    17th Feb 2015
    3:57pm
    Just a couple of things with this adbob. In a year there will be more pensioners so the existing ones will have to get less to cover those just joining.

    In a year or two, there would be some of the original recipients of your largesse who would have nothing because what they got they spent expecting more the next year, some who would have a little because they spent some and saved some for the future, and a few who would have a lot more because they spent less and saved hard - maybe invested some. What would you do then? Gather it all up and share equally again? How would that be fair?
    niemakawa
    17th Feb 2015
    6:03pm
    Can it be assumed that you do not live in your own home? I agree with adbob on this one
    wally
    17th Feb 2015
    10:36pm
    Bring back Death Duties for everyone. That is the Democratic and fair way to spread the tax burden for everyone. I am waiting for one of our fearless leaders to spring that on us.
    mangomick
    18th Feb 2015
    7:17am
    Death Duty doesn't effect everyone. The wealthy have their wealth bound up in family trusts so it is protected and it is usually those who have been frugal throughout their life time, so that they can leave a bit of an inheritance for their kids and grandkids to get a leg up in life, who get stung. The wealthy get wealthier and the masses all get brought back to a common denominator.
    Grateful
    18th Feb 2015
    12:08pm
    Wally. Death Duty would be THE logical way for the government to include the family home in budget discussions. So many are arguing that everyone who has paid taxes and lived frugally to save for their retirement have an "entitlement" to receive a lifetime pension in their retirement from the government.
    But, Wally, when they DIE and leave a house in their estate for distribution to their beneficiaries, what is that all about?
    The VALUE of that house, by a long way, would have increased significantly by improvements in infrastructure such as roads, railway lines, tram lines, hospitals, schools, drainage, sewerage etc etc. Now, although the homeowner would certainly have "paid" for "some" of those services, the additional "value" of that home at death, would be infinitely higher by "outside" influences than the price paid by the owner, for which the owner had NOT contributed. But, for those for which they have contributed from their taxes, don't forget that some are also claiming that those taxes that they have paid is why they should also be receiving a lifetime pension?? Double dipping? Can't have it both ways?
    The government could easily say that much of the value of that home was "unearned" and consequently charge a "duty" on that asset, similar to them charging a "capital gains tax" on any "unearned" value increases in shares for example.
    mangomick
    18th Feb 2015
    1:06pm
    Grateful are you Planning on unwinding all those family trusts that have received more than generous tax concessions over the life of the trust too???
    Grateful
    18th Feb 2015
    2:32pm
    mangomick. I'm an optimist that has had a real battle maintaining that recently. But, there is an(other) taxation white paper being bandied around at the moment and apparently "talk" about the Age Pension. Apparently we will be hearing more on these in coming weeks and who knows, DOING something about the gross abuse of our tax laws and the gross "generosity" to Age Pension eligibility, this government COULD change the way the public sees them and stands up for some really tough, but, equitable decisions (note, haven't used that "fair" word that belongs in fair y stories) that actually addresses those, to us, blatantly obvious and inequitable anomolies. How hard is that capitalist rust (barnacle) embedded into this government?
    Travellersjoy
    17th Feb 2015
    10:38am
    The LNP is showing its desperation over and over.

    I am sure there are people with early stage dementia or memory loss who might still believe them, but unlikely any pensioner with eyes wide open will be taken in.

    When Morrison is reduced to unctuous you know he is in deep trouble. I am hoping this government drowns in it.
    greatgolly
    17th Feb 2015
    10:42am
    If Hockey is in reality along with DSS trying to scale back costs, then for goodness sake make household income a balanced income and not an individual income; a long sentence but it had to be said that way.

    We have household living in places like Logan for example where you have 5 or more individuals on disability, as show on TV some time ago, then if each are so doing, the income to that household is around $2,000 per week, but is that what the house hold need from the taxpayer, the answer is no! To house, feed, and maintain that household would be around half that of less than $1,000 per week or even $800, so there is $1,200 clawed back to the taxpayer; but, if you multiply by the amount of household that do get such welfare around Australia, then you claw back in the billions of dollars.

    We saved hard and long to go on a cruise, and people talk freely on ships, shock as it may be, but some are pensioners who spend between $500K to $1000K or 1 million dollars per year just cruising and they still get a full Australian pension, and, sad to say, they have been doing that for years, so add all that up that has been spent while they still receive a full age pension; that is more than I've ever dreamed of! But they seem to be able to hide their millions somewhere while we had to save for years to afford a cruise and they, do 6 or more cruises a year, how do they do it?

    Our government is so far out of touch it knows nothing of what goes on in pension world; the majority of pensioners do struggle, but there are so many who screw the system for all it's worth and never get caught! I don't care what Mr Yorgenson or whatever he calls himself says about catching the cheats, he will never succeed because he's looking in the wrong places, and sometimes I feel that that's where he's been told to look because those who make it their way to live in luxury off welfare are admired by politicians!
    Emps
    17th Feb 2015
    3:19pm
    I have pensioner friends that go on a cruise every year, as i hope to do, but they fund the trips from their own capital savings, whats wrong with that? If they have saved up their money over the years, does that disqualify them receiving their age pension?
    KSS
    17th Feb 2015
    4:00pm
    Yes Emps if by spending recklessly on cruises and the like rather than using their super for their pension as it was intended, it should disqualify them from a government pension.

    As people on this site are only too quick to point out, there are some who did not have the opportunity to save and 'deserve' a government pension. They are 'entitled'. People who are profligate with their money should not expect to be rewarded by the Government.
    edly
    17th Feb 2015
    5:55pm
    Yeah, Emps!! All those oldies should not have holidays. Just sit in their houses and wait to die. Their not entitled to holidays or a few little luxuries after years of work.
    Radish
    21st Feb 2015
    6:33am
    I see nothing wrong at all with people using money they have saved during their working life to enjoy themselves in retirement...go for it .

    However, when it comes to what is in their "superannuation account" I believe it should be used for the intended purpose to support or help support in retirement.

    They are two separate things.

    Of course not everyone will even have or had a superannuation account.

    17th Feb 2015
    10:42am
    Pensioners should have tried to provide for themselves instead of claiming everything they can for free and gradually ruining this country. We will eventually run out of money and what happens then?
    LENYJAC
    17th Feb 2015
    10:49am
    DON'T YOU MEAN POLLITICIANS SHOULD PROVIDE FOR THEMSELVES INSTEAD OF SUCKING THE COUNTRY DRY WITH THERE OVER THE TOP SALARY'S
    greatgolly
    17th Feb 2015
    11:05am
    How rich are you ROBO? I worked, brought up a family, but there was little over to save as we also shared our home with children who's parents didn't care, so no, there wasn't money to save, I was trying survive working all hours God sent!
    Anonymous
    17th Feb 2015
    11:19am
    Well you have least made an effort greatgolly but I think you maybe the exception to the rule . No I am not rich but own my home and don"t spend a lot so don't want any pension or any handouts from the Government
    Alula
    17th Feb 2015
    12:19pm
    Robo, your experience doesn't apply across the board. Please get the blinkers off.
    mangomick
    17th Feb 2015
    12:48pm
    We can be like America and start the printing presses rolling . By the time everyone wakes up that we have a real problem ,we'll be 6 foot under and it will be someone else's problem.
    tia-maria
    17th Feb 2015
    1:34pm
    Well Robo ...................first are you a retired Politician???? sound like one........Back in our early days we never had the dole...........we also worked out butts off.......... pay our way through life,................ providing for our families and no hand shake for any Baby Bonus.......so mate wake its a bloody insult to say the least........... we have given to our country and proud of it.....don't forget the return Vets who fought for our country to give us a good like........
    ROBO........If you want to attack any one?? try and stop the hand outs to dole bludgers......Baby Bonus......and refugee who came into our country getting more than us.........you have attack and hurt my feeling as a genuine retired Australia
    MICK
    17th Feb 2015
    1:41pm
    ROBO: I detect you are getting a bit of a flogging at the seniors post.
    My family survives without government pensions although it is tough. It sickens me that governments have not ended the obvious and well understood rorts. These fail the pub test and should be ended....but why end a great game if you can ignore it? That would require a bit of accountability, honesty and public service.
    Anonymous
    17th Feb 2015
    4:25pm
    No Tia Maria I am certainly not a politician and do agree with some of what you say about dole Refugees ETC. However there are certainly a lot of pensioners who shouldn't be receiving anything and also a lot of pensioners who are nothing but damm greedy and think everything is for nothing .
    wally
    17th Feb 2015
    4:45pm
    LENYJAC, Maybe you should look at how much money is paid to bureaucratic department heads in the publlc service compared to what the politicians earn. How does the ABC's boss Mark Scott justify his salary, for example? When the Abbott government trimmed the ABC budget a few months ago, the wailing from YLC's leftie supprters could be heard for miles. The number of politicians is as nothing compared to the overstaffed public service Australian tax payers support. So get real and look where real savings can be made.
    tia-maria
    17th Feb 2015
    5:17pm
    ROBO What age group are you??? if your talking about the 68 yrs and over in your comment?? think again I never been rich or will be......since I was 15 years old suffer Chronic Renal failure all my life.....But I had to get off my butt and still earn a living.........it was also hard to buy a house on my tiny wages when I was so very ill ..........People on pensions in their 50ys maybe need to be access fully checked out to see if their genuine enough to be on Pension....especially the characters coming in from over seas..........but ROBO leave the seniors alone.....bloody worked hard paid taxes all our lives to deserve the peanuts we get
    edly
    17th Feb 2015
    6:04pm
    Good on you Robbo. Pensioners should have woken up earlier in life. They should not have supported their children, just imagine if they did not have children how much they would have been able to save for their old age; should have had better paying jobs; should have put money aside for their old age (even though superannuation was not available to most of them while working, and when it did become available most were only able to put in a small amount). These oldies just a drain on the economy. It's not the middle class welfare, corporations not paying their fair share of tax, not the fall in the price of iron ore that has left a 50 billion hole in the budget revenue since May last year. Pensioners are a burden on society and don't deserve our support.
    tia-maria
    17th Feb 2015
    9:03pm
    TED.......... a person like yourself...... who speak and shows little respect for the Retired pensioners ........you take the cake....
    mangomick
    17th Feb 2015
    9:04pm
    As I posted else where on here since 1945 there was an extra tax levied on the workforce, wholly aimed at paying for social welfare in the form of pensions etc. Don't blame pensioners if successive Governments have failed to keep their grubby hands out of the honey pot.They have contributed to a fair pension.it's not a privilege that they havent contributed to but a right that they are entitled to.
    mangomick
    17th Feb 2015
    9:08pm
    Tia -maria i think you should re-read Teds reply again. I think you will find he is speaking tongue in cheek.
    particolor
    18th Feb 2015
    10:06am
    I'm with Tia maria and Mangomick !! :-)
    edly
    18th Feb 2015
    3:54pm
    Tia-Maria Sorry but you have misinterpreted my comment. It was meant to be a cynical comment on the diatribe that Robbo and his cohorts have been posting.

    The attack on pensioners by this Government is just another example of their demonizing those who are most vulnerable, while supporting their mates.

    Interesting that the CPA today called for an increase in the GST claiming that households would be better off as other taxes would be decreased or eliminated. The analysis based on the unemployment being 0%. Can anyone remember when unemployment was ever 0%?

    Guess which taxes they maintained should be altered - those that would benefit the more well off.

    One report on 'The World Today' after an analysis of the proposal estimated that those in the highest bracket would be 46% better off and those on the lowest incomes 7% better off. So the CPA looking after their clients and their own income stream. As we are all aware the GST is the most regressive tax available to Governments. Those who are in the lower income bracket pay a higher percentage of their income with their tax and as income rises the percentage of income going in the tax decreases.
    The realities is that there is an approximately $50 billion loss of revenue to the budget due to the fall in iron ore prices, billion of dollars of taxation are avoided by the biggest companies. It was reported last week that the biggest industry in Australia is actually the transfer of money overseas to avoid taxation.

    This Government will do all in its power to maximize the income of its big business and wealthy supporters, while attacking those on the lowest income who are struggling to survive.
    tia-maria
    19th Feb 2015
    9:34pm
    Ted, sorry and thanks for explaining it to me as I did take it the wrong way......and your spot on about this government attacking the lowest income. cheers
    PlanB
    17th Feb 2015
    11:02am
    I have done very well owning my home after working and looking after my Mother AND my Dying Husband-- there was NO super in those days, I do not drink smoke or go to clubs except for the very occasional meal.

    Scott Morrison, is a bloody joke GEE a rise of only just over $1-50 a week --better be care not to spend it in the same shop.

    About time these Bastards took a cut in their pensions and wages

    Why the hell they don't tax religions -- now theres a lot that get away with blue murder
    greatgolly
    17th Feb 2015
    11:13am
    Correct, correct, correct, correct; everything you have said, I honour you PlanB!
    MICK
    17th Feb 2015
    1:42pm
    I like your style.
    tia-maria
    17th Feb 2015
    2:07pm
    Plan B........ spot on mate............These politicians work for us????? funny how they dish out what their entitlement should be with all their perks as well......
    We should have a voting system for what the taxpayers feel politicians are worth when retired.
    tia-maria
    17th Feb 2015
    2:07pm
    Plan B........ spot on mate............These politicians work for us????? funny how they dish out what their entitlement should be with all their perks as well......
    We should have a voting system for what the taxpayers feel politicians are worth when retired.
    Tassie Devil
    17th Feb 2015
    4:34pm
    Plan B ..... I agree, agree, agree !!!!!

    also agree with tia- maria , politicians only work for their own pockets.
    Tom Tank
    17th Feb 2015
    12:07pm
    When will politicians of all persuasions learn that spin like Morrison has indulged in is a major contributor to the low opinion people have of them.
    As the old saying puts it " You can fool all of the people some of the time but you cannot fool all of the people all of the time".
    We are awake to these little, and sometimes not so little, misleading statements from pollies so really don't trust anything they say.
    Perhaps getting rid of the highly paid "spin doctors" might help the budget position.
    Wstaton
    17th Feb 2015
    1:11pm
    This is a bit like Hockey's "poor people do not drive"
    MICK
    17th Feb 2015
    1:43pm
    Why not stop calling it "spin" and call the behaviour by its correct name: MALICIOUS INTENTIONAL AND CONTRIVED LIES.
    Emps
    17th Feb 2015
    3:28pm
    MALICIOUS INTENTIONAL AND CONTRIVED LIES. as given today by Mr Shorten, saying pensioners houses will be included in pensioners assets test, even though that scare has been emphatically denied. It will not happen
    edly
    17th Feb 2015
    6:07pm
    But Emps it has been raised by Government MPs as a possibility, by the Institute of Public Affairs that has an enormous amount of influence on Liberal Party policy decisions and other reactionary shock jocks who give the present government a free ride.
    arja
    17th Feb 2015
    12:17pm
    I note the word "empathy" in the article . I would say that empathy or compassion is not a consideration for the Liberal Abbott government whose only concern is getting elected as is the case in the Uk with Cameron and Theresa May ( the witch ! ) tearing families apart as they think that slightly lower immigration numbers enhance their chance of winning the election this year . I am ashamed to say I was a lifelong Tory in the Uk but now despise these characters . I have seen what they have done to young couples just because the UK citizen has a none EU partner or spouse . Doing what is right does not even cross the mind of a Tory Minister in UK and I suspect it is similar here in OZ .
    Alula
    17th Feb 2015
    12:22pm
    We could say politicians' perks are public-funded self-empathy.
    ray from Bondi
    17th Feb 2015
    12:37pm
    somebody mentioned adding home to the list, it would not be long to all homes are included as the indexation if indexed would slowly drag everybody in, yes a good idea make it so nobody with a home is eligible and the only home will be gaol as the starving old will have to do something to live.
    MICK
    17th Feb 2015
    1:46pm
    Its coming just like an increase to the GST (a done deal). All you have to do is re-elect this government and it'll be there.
    Pass the Ductape
    17th Feb 2015
    5:07pm
    Adding the family home to the assets test has definitely been quashed according to the Libs, but we all know it's simply a case of testing the water. Guaranteed the idea is still on the table and will be introduced as soon as any government, Labour included, thinks it can get away with it.

    The idea was likely dreamed up by some government funded welfare 'expert' who is never likely be required to attend Centrelink to qualify for an aged pension themselves! They would have had their own face well down into the Government funded money trough for a very long time before they decided to quit and retire - just like they all do. And its the main reason most of them join politics in the first instance; its the icing on the cake at the end of their days, and the reason most of them fight tooth and nail to stay in....whatever the circumstances which happen their way.

    People like Morrison are quite adept and mean enough to carry something like - including the home as an asset for means testing - through.....and when the family home does become part of the assets test, most will have to sell their home and live off the proceeds until there is nothing left - then they might be entitled to a pension. And where will these 'true pensioners' be currently living? In a bloody tent out in scrub no doubt!
    ray from Bondi
    17th Feb 2015
    12:39pm
    if the age of entitlement is over lets see the politicians lower their unbelievable payouts from the public purse, yes that is going to happen I am sure
    Retired Knowall
    17th Feb 2015
    12:40pm
    I have found this to be a very useful site to educate my grandson. I shared this site with him and the comments of the pensioners complaining that they can't manage on the pension.
    My question to him after reading the posts was "do you want to end up like these people and rely on the tax payer to support you, or, do you think you would be better off getting the best education you can, apply sound financial management principles and be self funded when you retire".
    His question to me was "how come people that have worked for more than 40 years haven't
    put enough away to support themselves?"
    Various reasons, some are genuine, but, some are just excuses.
    Anyway, thanks people, the little tike has got all the motivation he needs now.
    Jen
    17th Feb 2015
    12:45pm
    Actually, that's a very good idea. I preach about this to my grandkids all the time. But I don't do it as a put-down of those who require the pension. Because I know that everything isn't equal in life, some of us are far luckier than others and there are many hurdles to leap in life to enter retirement in a good financial position.
    Alula
    17th Feb 2015
    1:07pm
    Knowall, let's hope then your grandson doesn't grow up to have a mentally or physically disabled family member, or become so himself, or have a debilitating illness, or be duped through no fault of his own.
    Retired Knowall
    17th Feb 2015
    4:24pm
    As I posted above, some are genuine needy through no fault of their own and require support. However there are many that squander their money due to lack of financial maturity, got to have it now mentality, just lazy or a combination of all 3.
    Unfortunately our education system has let the population down by not having financial management as part of the corriculum. A fair percentage of the current teachers failed the HSC and still got into UNI making the problem worse. The Govt is now going to have Teachers pass yearly numeracy and literacy tests.
    Better late than never I guess.
    mangomick
    17th Feb 2015
    5:10pm
    Perhaps Retired Knowall you should have explained to your grandson that in 1945 Labor introduced an additional tax specifically designed to pay for retirement that seniors have been paying into all these years so they can expect a reasonable pension . The Social Security Contribution . It was then rolled over into General Income tax by Menzies 5 years later.So in effect many aren't relying on tax payer support. they have spent their entire life paying extra for their own support.
    mangomick
    17th Feb 2015
    5:23pm
    1944 Labor Prime Minister Ben Chifley introduced three Bills to establish the National Welfare Fund, to be financed by a compulsory contribution levy of 1 and 6 in the pound on all personal income. Opposition Leader Robert Menzies stated that the compulsory contribution levy should be kept completely separate. That it should be shown separately on the taxation assessment and paid straight into a “Trust” account, and not mixed with the general revenue. Menzies said, “The stigma of charity should be removed from the Age Pension. It should be an entitlement earned by the person's personal contribution to the fund.”
    1946 Prime Minister Chifley agreed and established, as from January 1 1946, the National Welfare Fund – a “Trust” fund with the Parliament as “Trustee.” The compulsory contributions levy commenced on January 1 1946. It was shown separately on the personal tax assessments for 1946, 1947, 1948, 1949 and 1950, and the compulsory levy was properly paid straight into the special “Trust” fund, and welfare claims were paid out of the fund. The balance in the fund for 1950 was almost 100 million pound.

    1949 Robert Menzies became Prime Minister, and he introduced Bills to amend the Acts governing the National Welfare Fund. The compulsory social contributions levy was then grouped with the taxation assessment and appeared as one amount on the taxation assessments, and was paid as one amount straight into Consolidated Revenue. The sabotage of the National Welfare Fund had commenced. The opposition Labor Party had collaborated in this sabotage by remaining silent instead of opposing Menzies' action.

    1951 to 1985 The compulsory levy of 7.5% now included in the tax continued to be collected and placed in Consolidated Revenue, and treated as general revenue and spent, until 1985.



    1974 to 1975 Labor Leader, Mr. Whitlam, abolished income tests for all persons 70 years of age and over, and paid pensions to all people over that age.



    1976 The newly-elected Coalition Prime Minister, Malcolm Fraser, cancelled the Whitlam achievement of abolishing the tests for all who were 70 years and over.



    1977 Malcolm Fraser, with Treasurer Philip Lynch, transferred the balance in the Welfare Fund account (approx. 470 million dollars) to the Consolidated Revenue account.


    1985 The Hawke-Keating Labor Government repealed acts Numbers 39, 40 and 41 of 1945 (the National Welfare Fund Acts). Thus the funds finally ceased to exist. Yet the 7.55 levy continues to be collected as a proportion of the Income Tax Revenue. It also introduced the much-maligned Income and Assets Test, thereby excluding millions of levy and tax-paying Australians from receiving Social Services pensions. This money – these self-funded contributions – paid as a percentage of the total income tax collections – are to-day worth more than the amount of means-tested pensions paid out. Actuaries have calculated the non-means-tested ENTITLEMENT due to EACH retiree to-day is in excess of $500 per week.

    Perhaps Retired Knowall you need to show this to your grandson so he can see the bigger picture.
    Blossom
    18th Feb 2015
    6:14pm
    Retired Knowall. I hope that means they are going to test their spelling too. I know a lad who the teacher insisted he had spelt a word incorrectly. Naturally he disagreed with him. He made him write the word out (what he reckoned was the right spelling) - I'm not sure how many times but he did it non-stop for over 1 1/2 hours until his parents checked why he hadn't finished homework and gone to bed.
    His parents said to the lad that what he was writing was wrong and checked it.
    The lad was right, and had copied the teacher's spelling so many times and it stays in your memory if you don't re-train it. His Mum went to see the teacher the next day, he wouldn't apologise, so the matter went to the Principal - it was an "interesting" meeting as you can imagine.
    arja
    17th Feb 2015
    12:40pm
    Alula - nice one !
    Alula
    17th Feb 2015
    12:41pm
    :)
    Jen
    17th Feb 2015
    12:42pm
    We laughed when we heard that. But what else can we expect from these lying con artists?
    mangomick
    17th Feb 2015
    12:42pm
    I know he's new to the job....but I'm sure Scott really doesn't understand how anything really works. Thank God this is a new and improved government though ,otherwise they would really have to try to "spin it" to make it sound as if pensioners are getting something for nothing. Love the one where they reckon everyone should stay at work longer as it's good for your health, body and mind. Going to have trouble convincing my body of that one.
    MICK
    17th Feb 2015
    1:54pm
    You needed to listen to Morrison on the 7:30 Report after the spill motion was put. Morrison refused to answer the most basic question which Sales was asking him about the mechanism and what would happen if the motion got up.
    It was clear to me that Morrison is pyschopathic as I have never ever heard a reponse to simple questions like this. It was as if this government could never be challenged and could never be voted out and the immediate comparison which came to mind was of Joseph Goebbels speaking for the Nazi Party. It was a most disconcerting interview to watch. We should all be quite fearful of this government and the potential of what it may do to hold onto power.
    If the above was not enough some of you may have received information that Liberal Party supporters of NSW state Liberal were urged to send nasty tweets to Labor MPs on Valentines Day. What real Australian behaves like this? I certainly don't know any.
    KSS
    17th Feb 2015
    2:42pm
    "What real Australian behaves like this? I certainly don't know any."

    Really Mick?
    Emps
    17th Feb 2015
    3:42pm
    Mick, it being clear to you that Mr Morrison is psychopathic, makes me think you have a problem.
    mangomick
    17th Feb 2015
    3:48pm
    He has problems alright. Ones Morrison and ones Abbott..........
    tia-maria
    17th Feb 2015
    5:35pm
    Lets get rid of the Liberal Party and bring on a new election........before its too late.
    alpha
    17th Feb 2015
    12:50pm
    Hey ROBO what do you do with the money you accept from the Govt Plus Health card
    Anonymous
    17th Feb 2015
    4:40pm
    Alpha I get Zip nada nothing didn't apply get my drift
    KSS
    17th Feb 2015
    12:50pm
    I am getting bored with this constant complaining and whining. Just last week people here were whining that the deeming rate had not changed with the lowering of the cash rate by the RBA. Well now it has and by the full .25% and people are still complaining. And before you get too carried away whingeing about the $80 per year keep in mind that the actual amount will depend on how much you have in savings. So don't hold your hand out for the $80 cheque that won't arrive.

    And while we're at it, why was there no mention of the other 'plus' for pensioners with the announcement that the mooted inclusion of the home in the asset test will NOT in fact go ahead? And then there was the additional commitment to clamp down on the very type of pensioner greatgolly is complaining about above - those with clear assets but still claiming a pension. What is wrong with that?
    Oldie84
    17th Feb 2015
    1:33pm
    Totally agree with you KSS. Mind as I said before: you won't get anywhere on this forum. Yes there are people not as fortunate as others, but generally the sense of entitlement prevails. This Country is a magnificent place for those with 'go' and the will to work. I guess I was fortunate, I had 12/6 when I arrived 62 years ago and a trade. Hard work and a supportive and loving wife made us successful. Mind you, no Holidays or the pub every night, but there you go. :-)
    MICK
    17th Feb 2015
    1:58pm
    You are showing the all the signs of being a government troll again KSS.
    How about you tell readers the true reason why the family home was not included: IT WOULD HAVE NOT GOTTEN PAST THE SENATE. You know that. Otherwise it would have been a done deal.
    If this government were to be voted in again and if it owned the senate as well then I stop short of betting my house that this will be one of the first bits of legislation to go through. And then comes taxes for average Australians and tax cuts for the well off. This is a well troden path.
    Jen
    17th Feb 2015
    1:59pm
    You are correct Oldie81. You were fortunate. I wonder though if you can imagine what it might be like now had you not been? If your wife had become a gambler and gambled away your home? If your child had been born disabled? If your business partner wasn't the person you thought and he disappeared with all your money? If you had been struck down with Multiple Sclerosis and unable to work most of your adult life? If your wife left you and took everything you had. It happens and it happens a lot. Things happen in this life that we can't always control and we've always been the lucky country, in that we always had a safety net. But that safety net is getting thinner and thinner. This, in what is still a wealthy country. Is that right? If you're happy to see social security being whittled away, then try to think of those who it will adversely affect.
    KSS
    17th Feb 2015
    2:38pm
    Give it a rest Mick. Unless you have proof to publish for all to see, keep your allegations and accusations to yourself. I give you full permission to publish the name, Ministerial responsibility and electorate of my Government politician employer, my membership number of the political party together with years of membership and the sum total of all political payments made to me either by salary or by brown-paper packages for services rendered on websites!
    dougie
    17th Feb 2015
    4:40pm
    Mick,

    Come on the gauntlet has been thrown. Put up or shut up. Should you continue with these unproven accusations your right to publish on this site should be cancelled. Make comment sure but do not decry others for their comments. In other words Mick _ Prove It!
    tia-maria
    17th Feb 2015
    5:37pm
    Seems heaps of Liberal voters on this comment???????
    digiom
    17th Feb 2015
    5:57pm
    MICK - Give over!! You sound like a broken record - broken record - broken record - broken record!!!!!!!!
    Oldie84
    17th Feb 2015
    6:22pm
    Jen, agree with you. That is why I said that there people that have been dealt an awful hand. They should be assisted fully. No problems. But there are a lot of others complaining and whining, blaming the Government,net for all their ills. Plenty that lived it up in the prime of their earning capacity. Help those in need but don't pamper those who should have known better.
    dougie
    17th Feb 2015
    6:23pm
    tia-maria,
    Seems that you make the same assumptions as Mick and feel that because some people do not like to be name called or labelled that they just have to be that which you deem to call them. Guess again Tia - maria and get it right before you label someone.
    tia-maria
    17th Feb 2015
    9:06pm
    dougie boy? Look who calling the kettle black??????
    dougie
    18th Feb 2015
    8:00am
    tia-maria,
    I am not calling anyone anything. Should you care to read any contribution that I have written, I have never proclaimed one party above another. I have asked for belief and understanding for Ms Gillard when she was being attacked as I have asked for the present government to be given a chance to govern. No more - no less. How can that be misconstrued as being for one side or another? I just ask that all contributors be given the right to contribute without being labelled for their thoughts. Surely this is just and right!
    PlanB
    17th Feb 2015
    1:04pm
    Scott or any of those "professional" pollies have no a bloody clue how normal people live as they have never done a hard days work in their lives -- straight from school to FREE Uni and then into politics --
    Alula
    17th Feb 2015
    1:09pm
    Or no uni, low-paying jobs, part time if you're a mother with no super. Let them enter the school of hard knocks as prerequisite for becoming a politician.
    Emps
    17th Feb 2015
    3:48pm
    PlanB, have you Shorten in mind?

    Scott or any of those "professional" pollies have no a bloody clue how normal people live as they have never done a hard days work in their lives -- straight from school to FREE Uni and then into politics --
    PlanB
    17th Feb 2015
    5:55pm
    Emps, shorten is hopeless too, not one worth voting for at all
    MICK
    17th Feb 2015
    1:33pm
    "And this $3 per week ‘boost’ pales into insignificance when compared to the potential $80 per week Age Pension cut that may result from changed proposed in the May 2014 budget – and remains on the table to be pushed through the Senate as soon as Mr Morrison can pressure the necessary crossbenchers to support it. "

    Ok pensioners...........email the cross benches senators and tell them that you will vote against them and encourage all of your friends to do likewise if this legislation is approved.

    Too much trouble? Too hard to do? If that is the case then enjoy the results. If you want to not be attacked by governments then bare your teeth and go on a mission. As one who does this all too frequently I can testify that it is time consuming and sometines a little stressful, but in the end we all get what we deserve. Over to the seniors community.
    bandy
    17th Feb 2015
    1:38pm
    I've said it before Morrison is a snake in the grass & there for one reason only, to make life tough.As for Robo your a wally.
    eckac
    17th Feb 2015
    1:42pm
    When your pension level is 'gated' by modest assets, which are subject to falling interest rates, the deeming rates' adjustments are irrelevant.
    The article is correct in stating the adjustments are as per the long established rules and the only empathy that could possibly be claimed by the government is that it has not had the gall to change these rules.
    MICK
    17th Feb 2015
    2:00pm
    Deeming rates probably encourage pensioners to spend their asset, have a great time for 10 years, and then go on the old age pension. Is that what the government wants retirees to do?
    DC
    17th Feb 2015
    2:14pm
    Whinge, whinge , whinge that is all all keep reading. What a bloody miserable bunch we have become. It does not matter one iota how much the deeming rates are reduced and whether or not we are a few cents better off. They could have left it as it was and nobody would have been the wiser! The fact remains that regardless who is in Government we are being screwed over again and again anyway. I fear more the potential for any government once again fiddling with our retirement funds in due course. It must be most difficult to resist the urge (for the moment) to get their hands on the vast funds "just sitting there"!!
    Alexia_x
    17th Feb 2015
    2:32pm
    Morrison is another crook of the many that govern Australia, why does he not start by
    letting his salary decrease to the amount of the old age pension and lose all his perks as a politician and then see how he can live?
    Hopefully his "reforms" will not pass the Senate, as those of the inflated balloon treasurer.
    Why are we standing for all these horrendous people? Who on earth elected them and is keeping them in power?
    I thought Australia is not a third world country, where the politicians and the rich have the power over the people. Here the people should have the power to choose the women and men that will represent them and their interests.
    Very sad indeed.
    Mar
    17th Feb 2015
    2:57pm
    Oh!! What a windfall. Now I will only lose about $220 a year because of the withdrawing of rates concessions for pensioners starting from the 1st April. You should try living in South Australia.Most impoverished state in Australia.
    KSS
    17th Feb 2015
    3:52pm
    Nah. I think that title goes to NT:-)
    mangomick
    17th Feb 2015
    4:01pm
    This is actually a result of the Federal Government Budget. The concessions were cut from the latest Federal Government budget and are now being funded by the State Government — but only until the end of this financial year.
    So I guess you can really thank Joe Hockey.....Figure Joe thinks if he screws the States they will have to push for an increase in the GST or face the wrath of electors who will blame the State government and not the LNP Federal Government.
    wally
    17th Feb 2015
    10:45pm
    So we can all thank you for inflicting Senator Sara Hanson Young on us?
    Blossom
    18th Feb 2015
    5:55pm
    SA is the highest taxed before they took away our rebates so I think we will keep the title. We are definitely completely losing the local council ones.
    bartpcb
    17th Feb 2015
    3:41pm
    This government is cut-throat, and two faced. It doesn't matter how they 'spin' it, they are hammering the pensioners again. So what's suprising? It's in their DNA to target the vulnerable. They are descended from the same people, both DNA and philisophically, who ground the working class into the dirt for generations in order to feather their own nests. All done in the guise of 'doing the best thing for the country'. They connned us then and they are still doing it.
    annebell
    17th Feb 2015
    3:58pm
    (a) Think $80 x 700,000 = $56 million. What happens to the other $144 million. (joe's hip pocket). Must be missing something.
    (b) So being rich enough to be only a part pensioner $80 a year. But being poorer and being a full pensioner zero. That's logic?
    arja
    17th Feb 2015
    4:04pm
    bartpcb- you are spot on and one only has to look at at Tory party in the UK and UK politicians to know that they only think of number one and how best to get re-elected and preserve their cushy grossly overpaid jobs plus perks ( in UK that was not enough for them as you may know and they fiddled their expenses too ! I bet it is a similar situation in OZ.
    in2sunset
    17th Feb 2015
    4:25pm
    The way to get Australia REALLY back in the black!!!!

    Dear Mr. Abbott - as the official replacement for Mr Rudd,

    Please find below our suggestion for fixing Australia's economy.
    Instead of giving billions of dollars to car companies & other business’s that will squander the money on lavish parties and unearned bonuses, use the following plan.

    You can call it the Patriotic Retirement Plan:

    There are about 10 million people over 50 in the work force.

    Pay them $1 million each severance for early retirement with the following stipulations:

    1) They MUST retire.
    Ten million job openings - unemployment fixed

    2) They MUST buy a new Australian car.
    Ten million cars ordered - Car Industry fixed

    3) They MUST either buy a house or pay off their mortgage -
    Housing Crisis fixed

    4) They MUST send their kids to school/college/university -
    Crime rate fixed

    5) They MUST buy $100 WORTH of alcohol/tobacco a week .......
    And there's your money back in duty/tax etc

    6) Instead of stuffing around with the carbon emissions trading scheme that makes us pay for the major polluters, tell the greedy bastards to Reduce their pollution emissions by 75% within 5 years or we shut them down.

    7) Cut down on pollies perks - they earn enough money to pay for their own petrol, food, drinks, airfares for their wives, girlfriends, & families like all other hard working Aussies do. We pay big money but we still get MONKEYS.

    8) No government credit cards for pollies - let them get their own then they will be more careful about how they use it and pay up on time so as not to incur interest.

    It can't get any easier than that!

    P.S. If more money is needed, have all members of parliament pay back their falsely claimed expenses and second home allowances

    Also ...

    Let's put the pensioners in jail and the criminals in a nursing home.

    This way the pensioners would have access to showers, hobbies and walks.
    They'd receive unlimited free prescriptions, dental and medical treatment, wheel chairs etc and they'd receive money instead of paying it out.
    They would have constant video monitoring, so they could be helped instantly, if they fell, or needed assistance.
    Bedding would be washed twice a week, and all clothing would be ironed and returned to them.
    A guard would check on them every 20 minutes and bring their meals and snacks to their cell.
    They would have family visits in a suite built for that purpose.
    They would have access to a library, weight room, spiritual counselling, pool and education.
    Simple clothing, shoes, slippers, PJ's and legal aid would be free, on request.

    Private, secure rooms for all, with an exercise outdoor yard, with gardens.
    Each senior could have a PC a TV radio and daily phone calls.
    There would be a board of directors to hear complaints, and the guards would have a code of conduct that would be strictly adhered to.

    The criminals would get cold food, be left all alone and unsupervised.
    Lights off at 8pm, and showers once a week. Live in a tiny room and pay $400.00 per week and have no hope of ever getting out.

    Think about this (more points of contention):
    -------------------------------------------------------------------
    THE AUSTRALIAN CONSTITUTION They keep talking about drafting a Constitution for Iraq ..... Why don't we just give them ours?
    It was drawn up by a lot of really smart guys, it has worked for centuries and we're not using it anymore.
    -------------------------------------------------------------------
    THE 10 COMMANDMENTS
    The real reason that we can't have the Ten Commandments posted in a courthouse or Parliament, is this -
    You cannot post 'Thou Shalt Not Steal',
    'Thou Shalt Not Commit Adultery' and
    'Thou Shall Not Lie' in a building full of lawyers, judges and politicians......
    It creates a hostile work environment.
    -------------------------------------------------------------------
    Think about this .... If you don't want to even think about the above, for fear of offending someone --
    YOU ARE PART OF THE PROBLEM!
    It is time for us senior folk of Australia to speak up

    Seniors of the World - Unite !!!
    bebby
    17th Feb 2015
    4:46pm
    In2Sunset. Where can I join your Seniors of the World party? You get my vote.
    Stoker
    17th Feb 2015
    5:19pm
    Hi in2sunset, have seen this draft before very clever and probably would be a good 'turn' to look after the oldies and stop the pampering of the prisoners, oh yes and the pollies.

    Voting time coming soon?????
    Mar
    17th Feb 2015
    4:43pm
    BRILLIANT! In2 sunset. I'll subscribe to that.
    Bebe
    17th Feb 2015
    4:50pm
    Correct me if I am wrong, was Paul Keating responsible for bringing in Deeming.
    Putting 8% on the table getting Seniors to put their money in the bank instead of under
    the mattress. Mick I think seniors saved their money for a rainy day,it is here, I always
    said to my husband the well will run dry when it is our turn. He retired 25 years ago
    we kept ourselves for 18 years before applying for a pension, we had one holiday in
    that period. As his memory was going I decided we should keep some backup savings.
    We applied for a pension it is small but I am grateful also for the benefits that go with it.
    I agree there are some silver tails out there for everything they can get.
    But there are also a lot of ordinary people trying to live out the rest of there lives with
    a little comfort and a lot of dignity.
    Mar
    17th Feb 2015
    5:26pm
    Spot on Bebe!
    arja
    17th Feb 2015
    5:46pm
    ok, a ,ittle off topic but the following link about the heartless and cruel regulations brought in by Theresa May could well be the way Abbott here in OZ would like to go ! A lecture by an eminent professor on TV in last few days highlighted the benefits of immigration and a stark contrast to the anti foreigner rhetoric in Uk and all the real "thickies" who support
    UKIP and it's rascist and xenophobic attitude .

    http://www.jcwi.org.uk/blog/2013/09/06/lies-prop-family-immigration-rules
    adbob
    17th Feb 2015
    6:11pm
    Well the spongers are certainly out in force on this one, pushing their ludicrous dream that if those of us who worked hard, paid taxes and put a bit by gave up what small amount is left of the ***entitlement*** we were promised when we did all those things were denied us the pollies would, instead of pocketing the difference, give it to them.

    Dream on you envious trolls.

    The original idea was that part of your taxes went into the national pension pot and that entitled you to a pension which you could top up by dint of your own efforts.

    Both major parties are culpable for eroding that pension pot and tipping the money into consolidated revenue.

    Up until 2007 there were various income streams one could buy which had a degree of exemption from the assets test. Hawke/Keating (who Thatcherised Australia) got rid of that - ever-smirking Costello "simplified" the system to rub salt into the wound.

    Australia was once dubbed a "working man's paradise". It is now a spongers' paradise
    Radish
    17th Feb 2015
    7:08pm
    Ask any Singapoean cabbie he will tell you that we have it easy in Australia with so many getting the dole for doing absolutely nothing.
    No such thing in Singapore...if you dont have a job they make sure they find one for you.
    KSS
    17th Feb 2015
    8:28pm
    There are many countries where the situation is "no job don't eat". However, Singapore has a similar super fund to Australia (CPF). When I was there it was about 25% employer contribution. This has been reduced to about 16% employer contribution and 20% employee contribution. But there is no social welfare - no medicare, no pensions. The CPF pays for housing, medical costs and retirement in prescribed amounts for 20 years. The real difference is what you can do with the money once you retire. You cannot withdraw it and blow the lot.
    Radish
    21st Feb 2015
    6:27am
    We could learn a lot from the way Singapore is run. How wonderful it was to wander around at any time of day or night and feel safe. No graffiti or rubbish either.

    Re your last sentence KSS...I believe that should be brought in here. The money should be used for its intended purpose; to support you in retirement not to be withdrawn to blow the lot and then go on the pension.
    Oldie84
    17th Feb 2015
    6:30pm
    What can't figure out is why all those contributors complaining and offering advise don't stand for Public Office , get themselves elected and the put their ideas into practice. Why always leave it to others to do the dirty work? Get into it! Workers and Pensioners UNITE !!!
    PS See how far you get. :-(
    KSS
    17th Feb 2015
    8:11pm
    Because Oldie81 it is so much easier to cat-call from the sidelines than actually be prepared to take the cat-calls from others;-}
    Radish
    17th Feb 2015
    7:06pm
    Maybe the government should look at all homes over 1.5 million. Don't take the pension off people who have these homes and want to stay in them but come to an agreement that when they die the amount of money they have received from government is to be repaid out of the estate.
    This would not rest easy with the beneficiaries that is for sure ;)
    KSS
    17th Feb 2015
    8:15pm
    Radish you can already liquidate the money in the house by a reverse mortgage. Once you are gone the house is sold and the reverse mortgage repaid. I don't see a problem with this or your idea. But wait for the howls of protest about rights to leave the house to whoever yadda yadda...
    mangomick
    17th Feb 2015
    8:54pm
    Sounds like death duty creeping in there.
    Tomaso
    17th Feb 2015
    7:07pm
    Totally agree with adbob 100%, we as pensioners should not have to be penalised for exactly what adbob stated... they are all morons, feathering their own nests.
    Flindersbar
    18th Feb 2015
    4:24am
    I agree with Robo and Ted. When we get to pension age we should get a one off trip to Switzerland where they perform euthanasia( which should be paid for by the government). They would save an enormous amount through this scheme in the long run and it would free up much needed housing for more deserving cases.
    Gee Whiz
    18th Feb 2015
    7:51am
    While multi national companies laugh uproariously at a tax system that allows them to pay very little tax Scott Morrison plays fast and loose with the pension benefits.

    Politicians just can't help themselves. They act like snake-oil salesmen truly believing they will never been found out with the lies they tell. But people are smarter then the pollies give them credit for and the revolt against lying thriving governments is well under way.

    Just ask Campbell Newman!
    Stoker
    18th Feb 2015
    8:45am
    Yes Gee Whiz and Flindersbar, just leave us oldies alone we can keep surviving (no trip to Swiss Flindersbar) gawd they had it worked out before that the budgets where ok why is it so important now to change and pull on the reins, oh well probably much better me sit in a corner and shutup.
    wally
    18th Feb 2015
    1:05pm
    With the $3 per week pension rise, I will now be able to save up and splurge on a Big Mac every other week. That is unless I really let rip and go buy a glass of beer instead!

    But seriously, after wading thru all the indignant posts, I did not see where even one of our "Needy Folk" on the pension would say they would refuse this $3 per week bribe on principle. I am beginning to think some of us "Needy Folk" like having it both ways in the form of biting the hand that feeds you.
    mangomick
    18th Feb 2015
    1:14pm
    I wouldn't have thought that no one in their right mind would consider they were actually being given anything. The deeming laws have to be adjusted accordingly as per the Law so what's actually being given? Nothing, other than what a person is legally entitled to.
    Blossom
    18th Feb 2015
    5:39pm
    We already pay Probate Duty on anything over a very small amount out of a deceased estate - well SA does.
    Radish
    20th Feb 2015
    10:13am
    Until around 2010 I think it was the Greens Party had death duties as part of their policy.
    They soon dropped this when they realised how unpopular it was in the community.
    Not Senile Yet!
    21st Feb 2015
    11:08am
    All MP's that are members of a Political Party (Red or Blue) are not really TRUE members of Parliament.....as per required under their charter when sworn in.......because they are not free to vote as they choose for their constituents.........they have sold out to the Party Machine to get elected!!!
    All DEEMING is a penalty Legislation against those who have worked hard and saved......it is WRONG to do so!!!!
    Our present Government believes that it is entitled to Discriminate & Penalise it's tax paying citizens as they Like.......but in doing so they are di-obeying their own Legislated Laws against Most Discrimination!!!
    It is time they were removed for not Leading by example....for not obeying the Anti- Discrimination Act.....for deliberately Discriminating against its Senior with their UNFAIR policies on Vulnerable People!!!!
    Deeming is WRONG...it punishes instead of rewarding!!!
    Most assets are accrued over a long time.....why should they then be punished or penalised???
    Instead of reduce what is already a miserable amount of money given on a pension...the Government should be encouraging people to stay in part-time productive work to help finance the Pensions.
    But instead the still have old Victorian Restrictions on a person ability to be self funded by working to earn extra.....Just stupid and out of date penalty system!!!
    Deeming is just a cheap way for the Government to reduce the amount they have to pay......and when I say it is CHEAP,,,,I mean it is!!!! Very small minded and Narrow view of how to manage a difficult area of already diminished value that a Pension has in an ever increasingly over inflation ridden society......Prices for cost of living have been consistently higher that any wage increase for the last 15 years...indeed now the Govt wants to restrict Pension increase even further......total insane!!!
    Scott Morrison is nothing but a Puppet for the Liberal Party Caucus.....as is the Prime Minister and the rest of the Party Members.
    Same goes for the other Parties......they are all just Puppets!!!!
    SACK THE LOT NEXT ELECTION!!!
    Do Not Vote for ANY Party Members....they are just Puppets!
    Moz
    18th Mar 2015
    1:21pm
    Just great $3 to go towards paying some of the increases instigated beforehand. The Govt always show the pension in fortnight payments to make it look more. Halve it and see how good it looks.
    Can't eat bricks
    6th May 2015
    4:06pm
    Why dose everyone on here have a go at those that have got it. There is a lot of double standard ing going on. If you've earn title spend it that's what it is about. You worked bloody hard for it and you still should be entitled to the pension. Besides, super is your money the the people you worked for were made by the Gov at the time to pay. On other farce by our lustrous leaders.
    Rosret
    13th May 2015
    7:23am
    I am one of probably many who put as much as I could into super, live in a modest home can't afford much in the way of holidays etc. - hardly the grey nomad set. Yet I get the impression I should buy a very large home, spend all my savings on holidays and see what may cos' the government and the banks are going to take it anyway.
    greatgolly
    13th May 2015
    12:21pm
    Just for the record, my wife and I live in a modest 2 bedroom home, which we own, when our children were young, we had freely sort of adopted another 20 children who were from problematic homes, never had spare money until retirement when we could scrape together and have one holiday a year; we don't smoke, don't drink except for an occasional red wine to celebrate our birthdays and wedding anniversary.

    Personally, I've always had serious health issues, last one 6 weeks ago when a C2 - C7 Laminoplasty went wrong and left me paralysed on one side; however, for 31 years I volunteered in as much as I could to help others less fortunate, and there are many; so, yes, I do begrudge anyone cheating the system for greedy gains when there are so many out there in dire straights not of their own choosing!

    Now you know as much as needed about me and why I write the things I write, and bravo to all who feel the same.
    HOLA
    25th Sep 2015
    9:11am
    what a joke, $1.50 raise in pension, would this be per fortnight or weekly ?? I must be careful on what I spend this money on, it can barely pay for a newspaper. Is it possible to order half a cup of coffee, after all I do deserve a little luxury in life.
    eggles01
    6th Oct 2015
    2:10am
    i may be wrong or just hopeful but i thought that joe hockey mentioned in one of his budgets that the aged and disability pensioners were going to receive an increase to the base pension,did anybody out there also hear or remember that i think it may have been from his first budget speech
    Pamiea
    20th Mar 2016
    6:44pm
    Scott Morrison and the Liberal party are out of touch with financial reality! Maybe they should try living on a single pension for a month. We get a $6 odd rise but already medical benefit funds and car insurance increases have far surpassed this increase already. Can you Liberals not see that we are going backwards. Anyone who votes Liberal and are not wealthy because your dad did you need your head read. Fair dinkum;)


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