MORE STORIES

Retirement Affordability Index

Key tribe struggling with health costs

The Australia Institute senior economist Matt Grudnoff said Constrained Couples were most affected by the health-care increases.

Age Pension payment rates

Pension indexation simplified

It’s important to understand which rules are currently applied to index pensions.

News

DSP under fire

Changes to indexation could see Disability Support Pension (DSP) rates cut.

Carbon Tax

The Carbon Tax: What’s in it for aged care residents

Australian recipients of an Age Pension or Disability Support Pension who reside in an aged care facility will receive assistance in two ways. Firstly, a separate Clean Energy Advance will be paid to pensioners. This will amount to $250 for a single pensioner or $190 for each eligible member of a couple. It is estimated that 50 per cent of this lump sum will be paid directly to the aged care provider, with the remainder going to the individual.

Age Pension payment rates

What does cost of living mean?

A recent news item in the Age is very useful in highlighting the difference between the Consumer Price Index (CPI) and the Australian Bureau of Statistics (ABS) living cost indices. Confused? Read on for our plain-English explanation and how this affects those on an Age Pension and self-funded retirees.

OUR PARTNERS

household capital