How the increase in minimum wages may affect pensions

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On Friday, the Fair Work Commission increased the national minimum wage by 3.5 per cent, from $18.29 per hour, or $694.90 per week, to a new rate of $18.93 per hour or $719.20 per week.

Those working a 38-hour week will take home an extra $24.30. The increase, which takes effect on 1 July, is about double that argued by the Australian Industry Group, and about half the amount that the Australian Council of Trade Unions wanted. It will result in a pay increase for about two million Australian workers.

So what does this increase mean for those on the Age Pension, given that the twice-yearly indexation of the pension is benchmarked to wages?

At first glance, an increase in wages looks like a good thing for Australian pensioners. Currently the Age Pension, Disability Support Pension, Service Pension and Carer Payment are indexed twice a year, in March and September.

Indexation is based on two factors: price increases and male weekly earnings. Payment rates are indexed to the rise in Consumer Price Index (CPI) or the Pensioner and Beneficiary Living Cost Index (PBLCI), whichever is greater.

The CPI measures changes in the prices of a fixed ‘basket’ of goods and services and is used to preserve the real value of pensions. The PBLCI measures the effect of price changes to out-of-pocket living expenses where the main source of income is a government payment. This index is intended to check whether disposable incomes have kept pace with price changes.

After indexation is applied, the payment rate is then benchmarked against a percentage of the Male Total Average Weekly Earnings (MTAWE). The single rate of pension equals 27.7 per cent of the MTAWE and the couple combined rate is equal to 41.76 per cent.

If, once initial indexation is applied the rate is less than the benchmark of the MTAWE, the payment rate will be lifted to equal the agreed percentage. The benchmarking of pensions to the MTAWE is to ensure pensioners maintain a certain standard of living, relative to the rest of the population.

So a rise in wages will automatically flow through to pensions?

Well only marginally, it seems. Firstly, the increase only applies to those on a minimum wage – less than 20 per cent of the workforce.

And according to economist Matt Grudnoff from The Australia Institute, this increase is only slightly more than last year’s increase of 3.3 per cent, and this had little impact on wages across the board, which only rose 1.9 per cent over the year.

So the indexation of the Age Pension in September is unlikely to be positively affected by a hike in wages any time soon.

The most recent indexation on March 20 this year lead to a fortnightly increase in the base rate of $12.20 for singles and $9.20 for couples. With fuel, power and medical expenses rising at much higher rates, a dignified life on a full Age Pension remains a challenge.

What do you think? Are you still working and if so, will this mean an increase in your take-home pay? Or are you on the Age Pension and hoping there will be a higher increase in September?  

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Written by Kaye Fallick

140 Comments

Total Comments: 140
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    You need to look at what has been done to pensioners by the current government during the past 5 years Kaye. Unlikely that anything other than new ways to attack retirees will be coming if this government gets back in. It won’t.
    Expect the family home to be put into the assets test and expect this government to keep trying to push more and more Australians off the pension. The track record is clear.

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      Didn’t Tony Abbott’s first budget remove the benchmark to MTAWE and left it just to the CPI??

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      Mick,

      Too early to tell who will win election. Latest polls show libs ahead in Braddon in Tassie, Longman in QLD and Georgina Downer is ahead in Mayo. No government has won a by-election since 1911 so if libs win any of these Shorten is done. I have no time for Turnbull but even less for Shorten.
      I believe we should have a discussion about the family home – should anyone living in a home valued at say $3m or more be getting the OAP.

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      I absolutely disagree that this government will include the family home in the assets test. It will be the labor govt who would do that. They have conceded that it will happen under them.

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      Agree with your sentiments bob. The family home should not be used to nobble older Australians and anybody with a home CURRENTLY worth $3 million plus should be funding their own pension unless there are (genuine) extenuating circumstances as to why they cannot….like they inherited the property and have nothing apart from it.
      Be careful about polls. Donald Trump was way behind in the so called polls and won by a large margin. Not even the establishment media could turn that one around.
      The issue Labor has is that Shorten has as much personality as a house brick. Hopefully voters will realise that it may have to buy the brand rather than the man because the current batch are not going to stop until they seize total control of the media and turn average Australians into dirt poor peasants like America. Their model is clear and I for one am not going to accept slavery. Not too sure about my fellow countrymen though.

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      Hi Grateful – you are correct that this intention was in the hockey Budget 2014 – but did not make it to legislation, so the existing indexation system remained in place. kind rgds
      Kaye

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      Ha, ha, ha. Your crack me up Emps. You do the classic LNP thing: claim the other side is guilty when they get caught out. Never changes.
      The truth is that this government has been after the family home for a number of years. The Treasurer has dropped repeated hints and then you get the pseudo government agencies like the Gratten Institute coming out with their self calls for the same thing.
      Most readers on this website know the facts.

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      Mick Labor wont win the next election so the house will not be put in the assets test.

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      Yes bob memories they most certainly should. Especially if they were PAYG taxpayers who have paid 7.5% tax extra for an entire working lifetime. The aged pension should be universal without discrimination.

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      Mick, same old BS! Funny that – BS also stands for Bill Short-on integrity! Yes Mick BS is the one who is pushing for the removal of imputation credits from SFR’s. I note you have gone quiet about that of late, Mick – why is that?

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      MICK, I disagree with your statement that the family home will be put into the assets test as there is no proof to support this statement. The only time that this is discussed is when it is put forward by bureaucrats as a possible solution to expenditure and no government or opposition has ever agreed with the bureaucrats. As you are aware from my previous posts, I dislike any post that makes a statement which is based on no facts and/or is made without proof.

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      It’s been repeatedly leaked and I recall the Treasurer did talk about it. Don’t expect this government to push this unless it gets back in and has the numbers in both houses. Then it is a deal done. Until then it is keeping its powder dry and letting their offshoots talk about it lest voters smell the big rate and vote accordingly.

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      More likely that if we vote this lot of vultures back in, the family home will become part of the assets test. Shorten we can threaten with the Gillardotine… .. Plibersek him… that’s the game plan anyway….

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    I retired 12 years ago due to ill health. My wife retired 4 years ago and we are both now on the full age pension.
    However, we have found that the pension does not give us the lifestyle, which is not grand, that I believed we worked all our lives for.
    I now pick up occasional casual work to help supplement the pension.

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      You can’t expect silver service on welfare.

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      Better than the person on minimum wage supporting a family on $37,398 per year.

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      Agree Sundays it is much easier for 2 to live on the OAP plus benefits than a family trying to live on $37,398 per year.

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      Yes Sunday and that family pays full costs without the concessions pensioners get.

      As graham has stated it’s the expectation of lifestyle that causes the problem. Seeing all those ads for the magic retirement is supposed to be. People think that is reality and will just appear without any effort to save on their part.

      There are also those on not much more than the OAP who scrimped and saved expecting a bit of ease too and now not getting it.

      The CPI is not a “fixed” basket when the mix keeps altering to achieve the lowest index possible and housing isn’t included at all.

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      The CPI should be investigated by an independent (not chosen bt government) agency.
      it is not worth the paper it is printed on.
      Food – this goes up like a rocket and is a big driver of inflation
      Rent – tell me rents in Sydney and Melbourne have not doubled in 5 years
      Fuel – back to where it was pre GFC
      Rates & government charges – incredible growth in these
      Tradesmen – rates doubled since GFC
      Clothing – unaffordable now

      As I said the CPI is being falsified. In the meantime the reason for this deceit is clear: average Australians are earning not much more than what they did during the GFC. How does that work? Exactly.

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      Sundays, not many people are supporting a family on minimum wage today. Firstly, most households have two incomes. Secondly, there’s are benefits for low income families raising children. I lived far better on a minimum wage, with children and a mortgage, than I could live on a couple’s age pension today. But having saved for my retirement, I’m actually worse off than a couple on a pension, and I don’t ever have any way of securing an increase in my income.

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      How would you really know how many are supporting a family on minimum wage. Even with two incomes, rent/ mortgage take a big chunk. I’m glad they got an increase. In relation to the OAP, We’ve been through this before. If you are worse off than a couple on a pension it is because you don’t qualify either Assets or Income too high. Even if OAPs spent all their money while you saved so what? They qualify. You can spend yours now. It’s a choice. Railing against the system is pointless.

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      MICK, the CPI is not being falsified but there are many items that are left off that impact on the average working person’s pay packet. A total overhaul of the “basket” is required but I can’t see either side buying into that discussion. A part of the reason, and certainly not all of the reason, that people are not earning more is because of EBA’s that are spread over a number of years and are not tied to wage decisions. They give above award payments but increases in most cases are left until a new EBA is struck.

      To say that average Australians are not earning much more than what they did during the GFC is not correct. No EBA lasts that long and wage increases for low income workers have increased $162.00 since 2007. Sure, that figure may not have kept up with the fictitious CPI, but to say that there has been no increase is wrong.

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      If the CPI does not reflect the cost of living and is being regularly published at a much lower figure then IT IS BEING FALSIFIED.
      It should come as no surprise that this suppresses calls for wage increases because ‘the CPI is no t increasing is it????? Please tell me this is accidental!!!!
      And guess who it benefits? The rich???? How strange. I think you can do better than that OM. Seriously.

      You are correct that there have been wage increases but the point I was trying to make is they are zip. To my way of thinking that is not a wage increase.

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      Answer simple, OG and cohorts – we pay everyone the same for going to work or lazing around – no arguments at all then…. no disputes over who pays more tax, no disputes over home owners and non home-owners, no trouble for SFRs…

      That’s how silly your arguments are…

      If you have no solution to add to your endless carping about how good pensioners have got it – you are not a part of the solution….

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      Sundays, of course I could spend all my money now and claim the OAP – and have 50%+ more income than now. But there is a major problem with that. The government then has to shell out more OAP funds to prop up people who could have been largely self-supporting if ALLOWED to be. I rail against the system because IT’S BAD FOR THE NATION. My choices are not relevant. Whatever I choose isn’t going to change the fact that the government is STUFFING THE COUNTRY with its mismanagement.

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      OGR if you don’t spend your money to get the OAP then you are a fool to yourself or you have more than $2 million I assets.

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      Pensioners aren’t on welfare….. they’re being paid their retirement insurance.

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      We were worse off with a big family on one income than we are now on the pension. There were more bills and the child endowment never even covered the milk bill. We have fewer needs now except for the health ones.
      Wages have not been keeping up again recently. This present government has slowed the income at the lower end. Petrol prices are too high. Workers are paying too much tax on the petrol compared to the US. This also affects the cost of goods and services. Jobs are counted even when they are part time. Some workers are underpaid as well.

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    Right again Mick was it not the Libs under Phoney Tony promise there will be no changes to pensions and the rules that go with it .

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      Abbott should not have made the statement about cuts BUT the country is better off due to his strong stance on border security. He got rid of the carbon tax and the mining tax and more was done in his short time to remove unnecessary red tape than anyone previously. His current views on immigration would be better for Australia – his views on energy would result in lower costs for business and householders. On the other hand Turnbull and Shorten are clueless

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      Hey floss ! ” Phoney Tony promise there will be no changes to pensions…in the first year of government!!!” But he changed it in the first year anyway by changing the indexation of OAP.

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      Abbott? Border Security – 2 ticks. Electricity prices – 3 crosses. Not changing Gonski – cross. Fixing the deficit – 4 crosses. Health – cross.
      Don’t get me started bob. Liars of the magnitude of this man should not be tolerated by any of us.

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      This re-writing of history – a favourite tactic of the Left, when examining Tony Abbott’s time as PM, always gets me. The bloke had a red hot crack at repairing the mess left by his predecessors – Dullard and Dudd – remember pink batts, remember unnecessary school halls, remember outrageously expensive solar programs (and I have a mea culpa here – I took advantage of that one); remember the cheques in the mail which most took to the local RSL or Bowling Club and ‘invested’ in machine 146? And then a recalcitrant Senate – unrepresentative swill according to a mate of Mick’s, who thwarted so much legislation (of the economic variety) that Abbott and Hockey tried to get through. And still today, the unrepresentative swill is doing its best to thwart the government’s taxation agenda – it is just outrageous. I say they should be allowed to implement their policies, once elected, and if the majority don’t like it, they get turfed in 3 years. I never voted to have Hanson or the Greens determine what legislation they would ‘allow’ – and neither did at least 88% of the electorate. Yet these loopy lunatics can thwart the will of the majority of the electorate – it is just not right!

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      “Repairing the mess”? Ha, ha, ha. This has to be the BS of the century and Liberal Party HQ must be getting pretty desperate for you to come up with this one Big Al.
      Thanks for bring up “school halls’. A favourite of government paid trolls who have nothing real to say.

      FYI the Rudd/Gillard era was DURING THE GFC and the money borrowed was used to keep the like of you employed.
      During its last 2 years the debt was going down. Look it up. Since Abbott came to office the debt has MORE THAN DOUBLED….with not one thing to show for it other than politically motivated Royal Commissions to cause harm to the opposition. NOTHING ever came out of these. Surprise, surprise!

      We both know Abbott lied his way in, broke almost every promise he made and wasted our money. Now the next leader is giving away money we do not have to those who do not need it.

      You can write any crap you like but the above are the facts. Your BS is just that and if the best you can do is name call without anything concrete then do this forum a favour and go post on Murdoch media forums where comments other than your sort of comment are shredded lest Labor be elected and run the country for the country. Can’t have that can we.

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      Mick we are still paying for the Rudd/Gillard stuff during the GFC where they tried to spend their way out of it but made things in fact worse. Just ask yourself why we haven’t recovered like the rest of the world? The only answer is we failed to flush the system during the GFC and now are paying the price for not doing so.

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      OG – we are ALL paying for the current government. Why do you think the rich are doing well, getting tax cuts and the rest of the nation is finding life impossible?
      Rudd/Gillard? Tell me: did YOU lose your job when the GFC hit? Did your children lose their jobs when the GFC hit? And now you come back with this knife in the back.
      Why haven’t we recovered? SImple, the current lot have gone on a spending binge which was unnecessary and wasteful. If you bother to lok you will notice that the last Gillard term saw the debt going down. Enter Tony Abbott…..

      The reason Australia is not recovering is this government continues to sell off anything of value in the country to foreigners and then we buy back anything we need to survive. They’re even selling freehold farming land to foreign governments. Last straw is suppressing Australian who spend everything they earn and giving the wealthy the money which should be being recycled through the economy.

      You are doing a great job for the LNP. Clearly you are a retired MP.

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      Mick,
      Very hard to argue with you on Abbott and fixing budget – fail.
      Gonski – I’m in 2 minds – my concern is that Gonski is partly about more money yet Education has been given more money over past 15 years then ever before yet our standards are failing – I am not convinced Gonski is the answer.
      You gave a cross for Health – Abbott was no worse nor any better than Howard, Rudd, Gillard or Turnbull on this area. More money is not always the answer.
      Energy – yes abbott basically carried on Howard, Rudd and Gillard so I agree fail. My answer to solve energy problem is 1. Walk away fromParis Agreement. 2. Eliminate all subsidies on Wind and Solar. 3. Shut Clean Energy Commission and remove funding. 4 build two HELE power stations (can be done in under 3 years) 5. Ensure 15% of gas remains for domestic use. 6. find more CSG opportunities.
      When this is done we can go back to 2006 when we had the lowest energy costs in world

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      bob – you need to stand back a little on energy. Killing the renewables industry is one sure way to reach extinction fast and the problem with people who believe coal is the answer is that they never address the two pronged question of the huge numbers of people industrialising in the third world (more coal!) and population increase. You need to think past ‘now’ and transitioning to renewable energy is the only way I can see to get to this end.
      I’d like to think I am not a dinosaur but I read posts from those who are clearly in this camp. It WILL end life as we know it. Sorry.
      If it is truly subsidies which concern you I suggest there will come a time when they can safely be removed. Maybe not too far away. What we should never do is allow a developing industry we all have need of to die. That is betrayal of future generations.

      Abbott? He is what he is: a coal representative through and through.
      This government? It is what it is: the tool whereby the rich transfer wealth from wage and salary earners to the top end. Now in progress and blatantly obvious to see.

      Good luck if you vote Liberal. If you don’t have a vested interest then you will indeed deserve what happens to you.

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      Dear bob,

      All Abbott and Co(stello) managed with ‘border security’ was to offshore processing of refugee applicants and dictate to them in contravention of all humanity, reason, and international treaties and conventions that if they arrived (or didn;t arrive) by boat, even if they ticked all the boxes (buzz phrase inserted) they would never settle in Australia.

      Meanwhile the vast majority of illegal immigrants, who arrive ‘legally’ by plane etc, are still here.

      As for the ‘carbon tax’ that never was, and the ‘resources tax on super-profits’ – neither ever raised a cent, and apart from that, this self-same government is now crying over not having sufficient revenue to meet its cast-iron obligations – which contrary to their ideological nonsense – includes bought and paid for social security.

      OG – ‘we’ are not playing for the spending of the Rudd years – we are paying through the nose for globalism as preached by the ‘right’ in Canberra and propagated by them.

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      Great post OG. The party trolls will hate it but it is factual. And then add on a bit about wealth transfer to the top of society and you have nailed it.

  4. 0
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    No increase to wages is good for retirees unless interest rates go up and the inflationary pyramid cycle continues.
    However I do understand the plight of the person on minimum wages. Unfortunately wages can’t come anywhere near home price loan repayments in our major Capital cities so as all pyramid schemes – the housing boom collapse still precariously balances on its pointy end.

    It should be also noted that Councils are pushing for huge Rate increases so anyone who is lucky enough to benefit from this wage increase and lives in a home will find its very quickly taken back.
    Medical and Home insurance has increased disproportionately to inflation as has energy prices – far in excess of that $25 per week.

    Which ever Government department is in charge of the cost of living formula needs to reassess and take a good hard look at the corporate end of town because the two are linked.

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      The CPI needs to be realistic and include essential items including rates and housing costs. If we had a truer CPI pensions would be rising to keep up with inflation.

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      The Australian Bureau Of Statistics prepares the CPI. What is included is influenced and dictated by Government and the Reserve Bank. The reasons for not including land costs seem purely political.

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      As a million times before – control costs of living first – i.e. cancel ‘privatisation’ that has caused astronomical rises in COL, force government back to its core duties of providing services to the general public and not to its chosen few, and control the rapacious behaviour of banks, fuel companies, and all the others who seek profits before people, and which in reality only benefit the majority shareholders – who are NOT ‘mums and pops’.

      THEN look at controlling incomes.

      Ever since the annual reviews came in, wage/income rises have been virtually automatic – for one reason – costs of living have always run out of control ahead of wages.

      In order to control this ‘inflation’ – the COL needs to be looked at first.

  5. 0
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    “After indexation is applied, the payment rate is then benchmarked against a percentage of the Male Total Average Weekly Earnings (MTAWE). The single rate of pension equals 27.7 per cent of the MTAWE and the couple combined rate is equal to 41.76 per cent.”
    This Rate for Singles should at least be 50% and Couples 75%.
    Can’t afford it than collect the correct Tax From Business. Block The Tax Avoidance that’s bleeding this country of the wealth and services we deserve.
    That’s Any Government That Is Formed.

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      If you paid that much there would be absolutely no incentive to save into Superannuation. Even now unless you can save $2 million is appears to be a bad idea to save. This current government has done this.

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      There’s no incentive now, Rae. I would be better off with half what I saved. What a STUPID system we have that punishes people for being responsible and saving for expenses they will incur in later life.

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      Rae it is affordable and the Incentive Is A Better Life Style and Spending. No Money No Spending, affordability of Health Insurance.
      Please Re Read ” Can’t afford it than collect the correct Tax From Business. Block The Tax Avoidance that’s bleeding this country of the wealth and services we deserve.
      That’s Any Government That Is Formed.”
      So The Cost Would Be Covered from Tax Avoidance,The Collection would More Than Cover this and others like Education, Hospitals etc.
      (Any Political Party)

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      Thanks, Rainey – I was going to say that and you beat me to it.

      The current retirement packaging structure is fatally flawed and is being bled white for many by over-charging and over-priced funds that are nothing more than a money pool for those who run them.

      Salaries, bonuses, credit cards, company cars, accommodation – you name it – the same malaise runs through the superannuation industry as in government, unions and business…. everyone involved feels that they, and they alone, because of their massive ‘service’ to the Volk, deserves that all costs of their living be paid for outside their salary.

      Jo and Joe Bloggs don’t get that privilege – they pay their own costs of living – and that is one clear reason why wages/ordinary incomes (includes pensions and such including unemployment benefits) simply cannot keep up… too many freeloaders in ‘business’ – which includes government which feels as entitled to a free ride.

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      Spot on, Chris. Agree, OGR.

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    I am happy that the lowest paid workers will get a rise…..it still means that my pension is equal to much less than half of this……At least I don’t have to work in a sweat shop but it would be nice to afford some more of the life basics

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    I think the problems outlined here are supported by both major political parties in some form. Neither major party understand or care.

    I do not believe for one second that things will improve for pensioners/retirees by a change of government. Unfortunately, I think that is delusional.

    The independents are our only hope of slowing down the attack.
    Which shows the poor standard of politicians we have.

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    I am a pensioner and yes hope a decent increase will apply in September. This Government has screwed pensioners enough. ENOUGH IS ENOUGH on the pensioners.
    AND THE HOME SHOULD NOT BE CLASSED AS AN ASSET. Pensioners today have worked and saved hard all their lives to have a home. MAYBE THE POLITIANS HOMES SHOULD BE CLASSED AS AN ASSET. ALSO TAKE AWAY THEIR PENSIONS AND WHEN THEY RETIRE THEY CAN GET THE SAME AS US PENSIONERS IF ENTITLED.

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      So it is OK to have a house worth $10 million and get the full OAP?

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      Yes OG it should be if we are to eliminate discrimination and ensure the taxes we pay provide universal benefits to all as other OECD countries manage to do.

      That $10 million dollar home would have very hefty rates and insurance and maintenance and I very much doubt an OAP could afford it anyway.

      Discrimination on the grounds of saving or investment or sheer luck is still discrimination.

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      Give anyone the pension and should your house be worth more than $2 million deduct a death duty of about 20% before the asset is passed on to the rellies. Quite simple really – no one would lose but the greedy offspring who did not contribute to the house anyway.

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      Rae: if you own a $20 million house you do not need a pension of any sort. I would suggest a more realistic figure of $3 million might be a starting point cutting out altogether at $5 million…..as long as this was indexed. This lot would not want that to happen.

      Not a bad call Jim. Merit in that but $2 million is a low base in 2018 Australia so would need to be upped a million I suggest.
      Whilst I would not want to see Death Duties make a comeback there may be merit in this but be assured the wealthy would find a way around this and you and I would be paying, which defeats the purpose of it.
      Any fair and decent government could find a solution but the current one is conflicted and lies consistently so nothing it had to say is worth a pinch of sh*t. Sorry…..

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      Good old Bill – if he ever gets the house included in the asset test, next step will be to keep reducing the threshold
      Thats how he plays /preys on class warfare

      Franking credits – GONE
      Family home – GONE
      Asset threshold – REDUCED

      That’s Bill’s and labors politics of envy. In the end Australia’s pension system and economy will be a basket case

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      New tactic Raphael? You take what your employer is presently doing and say the opposition is doing this. You crack me up.

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      poor old labor micky-boy, must be running out of plaster of paris fixing all those cracks, just don’t plaster the one all your b.s comes from, both ends, we would miss the laughs you give us

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      The next LNP troll arrives. The last laugh is on you as the only posters who do not recognise what you are is your fellow cash for comment posters. They are well known.
      I suspect Barnaby got it right this evening when he used the word SCUM for you and your party. Been saying that for some time. Maybe I was a bit tough on Barnaby as he has walked away from the filth currently in government.

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      NO the family home should NOT be in the asset pile !!!!!
      and there should be a ceiling value of the home if it were to come in as an asset so the little people like me with a low value home would not be penalized. If I lost the pension because of the family home then WHAT ? I would be made to sell the home and live off the money and PAY rent ( which I guess a lot of our law makers would own ) so then if I have to go to a Nursing Home where would the huge bond $ come from ? Really they are trying to skin us over and over again. Do they not understand that some people have been on below average wages most of their lives with no perks or benefits that they enjoy. The lower class have worked hard for their money and home SO LEAVE IT ALONE AND SHOW YOU DO WANT TO SERVE THE PEOPLE and not just yourself

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      The only posters who would disagree with you rina1213 are the government sponsored trolls working this website.
      Good post and you are on the money.

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      Well said, rina…

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      Absolutely, Joy Anne.
      Part of ANY solution must be to remove all Special Pensions for Politicians – how come they can have $10 Million homes, and many more Assets and any amount of Income, and still get their undeserved, untested, unfunded, massive pensions earlier than anyone else!
      They MUST ONLY get pensions under the same rules as anyone else – that’s why we as a Retirees Group need to THROW THEM ALL OUT and not let any more leeches reach their minimum 8 years on the seat to get their minimum 50% Base Salary as pension.

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    It is time for all of us to rant at our MPs and Senators to take action for human decency and a huge stress reduction for pensioners

    NO ASSET TEST FOR A PENSION EVER AGAIN!
    A pension is not welfare.

    Most economist say we will save taxpayers money by dropping asset testing because of the massive overheads cost in running Centrelink and the 10,000 conflicting rules

    Even poorer New Zealand has a NO ASSET pension so it is cheaper and user friendly.

    Why worry that few million$ earners get it too. That is peanuts to them not enough for a good vintage champagne.

    Do retired and retiring people really look forward and want 100++ visits to/from Centrelink and be part of 3 million waiting queues and lost calls?

    Does your MP really like being part of the system that allows this indirect abuse of the elderly?

    This abuse is actually sponsored by our government and forced down to Centrelink and borders on a criminal act.

    Why do MPs normally compassionate persons let this Centrelink abuse happen at taxpayers’ expense?

    Some opposition and independent MPs stand to lose their chance at being part of the needed government changes

    We all need to tell our MP that these criminal asset tests for a pension must be dropped now.
    NO ASSET TEST FOR A PENSION EVER AGAIN!

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    I am working at age 73 and no intention of stopping any time soon. The increase is unlikely to have any effect on my pay since I am on SCHADS award. Maybe something might flow through. Pretty lean picking in my sector and NDIS is making it hard to earn a living. Might be OK for the participants – which is good – but makes it hard for workers in the sector to get a fair deal.

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      I’ve heard that workers in the sector are being abused by the providers and expected to spend a lot of their own time travelling between jobs and completing paperwork even though on hourly contracts and not salary.

      Is it true a 5 hour pay shift can actually take 8 or 9 hours of your time to complete?

      Helping the disabled at the expense of carer workforce seems an odd thing to do in my opinion.

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      Hi Rae,

      No, claiming that a 5 hour shift could take 8 or 9 hours would be an exaggeration. More like 8 hours in a day (4x2hr sessions) would take about 9 hours. There is half an hour for lunch in there, but if you need to travel you spend that half hour travelling so might go without lunch. It is true that we are paid only for face to face time and get nothing for preparation before or reporting after a shift.

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