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The Guardian

Coalition announces $600m boost for pensioners as deeming rates set to ease

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630,000 pensioners and 350,000 people receiving other income-tested payments to receive $800 cash bonus About one million Australians will receive up to $804 more a year when the government moves to change its income test for pensioners.The treasurer, Josh Frydenberg, said the decision to cut deeming rates would cost about $600m and help about 630,000 pensioners. Continue reading…



Source link : https://www.theguardian.com/business/2019/jul/14/coalition-announces-600m-boost-for-pensioners-as-deeming-rates-set-to-ease

Author : Australian Associated Press

Publish date : 2019-07-14 01:12:05

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