Pension rise commitment

Since November 2007, many have waited with baited breath for the promised rise in the Age Pension. But with the financial markets going south, will this year’s budget deliver?

When questioned by Sabra Lane, ABC Radio AM, Treasurer, Wayne Swan, was coy about what would suffer in his attempt to balance the books with this year’s budget. However, when specifically questioned about pensions, he reiterated that the Government was serious about their commitment to pensioners. Hopefully, this commitment translates into more money in pensioners pockets!

Read the transcript of the interview.

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