Income Media

Retaining pension indexation more important than deeming rate drop

“Pensioners with some money in the bank are pleased that the deeming rate has been lowered to reflect lower interest rates yet what is far more important to pensioners is keeping pension indexation intact,” said CPSA Manager, Research and Advocacy, Amelia Christie.

Read more: Retaining pension indexation more important than deeming rate drop

Older people better off in Albania than Australia: One third of older Australians live in poverty

Australia is ranked 61 out of 95 countries on income security of older people, placing it behind Albania (44) Malta (52) and Romania (26) according to the Global Age Watch Index 2014 released today.[1]

Read more: Older people better off in Albania than Australia: One third of older Australians live in poverty

Tomorrow’s pension rise: 19% lower if Abbott’s pension cuts were in play

“Tomorrow’s 6-monthly pension increase would have been 19% lower if the Abbott Government’s pension slash was in play”, said CPSA’s Manager Research & Advocacy, Amelia Christie.

Read more: Tomorrow’s pension rise: 19% lower if Abbott’s pension cuts were in play

BUDGET 2014: Austerity pension indexation to devour hard-won gains

“Modelling shows that within five years pensioner couples will be more than $100 a fortnight worse off and singles $75 a fortnight worse off in real terms if pension indexation measures announced on Budget night are introduced”, said CPSA’s Manager Research & Advocacy, Amelia Christie.

Read more: BUDGET 2014: Austerity pension indexation to devour hard-won gains

Pensioners to foot the bill for Abbott’s ‘budget emergency’

“The message to Australians tonight is: ‘if you get sick, you’ll pay. If you get old, you’ll pay. If you lose your job or acquire a disability, don’t expect to get support so easily” said CPSA Manager, Research and Advocacy, Amelia Christie.

Read more: Pensioners to foot the bill for Abbott’s ‘budget emergency’