23.8 C
Byron Shire
April 19, 2024

Drop unfair plan to lower pension indexation: ACOSS

Latest News

Can Council’s overturn their decisions?

NSW Labor planning minister, Paul Scully, when asked about the Wallum estate by local MP Tamara Smith (Greens)  in...

Other News

Can Council’s overturn their decisions?

NSW Labor planning minister, Paul Scully, when asked about the Wallum estate by local MP Tamara Smith (Greens)  in...

Who is our next GG?

Sam Mostyn has been announced by Prime Minister Anthony Albanese as Australia's next governor-general. So what sort of woman is she, and why has her appointment sent the right wing media into a tizz?

Statement of faith leaders following attack in Sydney

NSW Premier Chris Minns and Minister for Multiculturalism Steve Kamper have released a joint statement from a diverse group of NSW faith leaders, in an effort to calm tensions following the recent knife attack at Christ The Good Shepherd Church in south western Sydney.

We wonder why

Living in Byron Shire the majority of people continue to ask why is this organisation continuously letting this community...

Alternate facts?

According to David Shoebridge of the Greens in a recent sitting in the senate, the UN has named Australia...

Anti-Israel bias

Many locals have approached me to say how shocked they are at the extreme anti-Israel bias that is expressed...

Photo by Garry Knight https://www.flickr.com/photos/garryknight/
Photo by Garry Knight flickr.com/photos/garryknight

The Australian Council of Social Service (ACOSS) issued a call this week to the federal parliament to reject the plan to lower the indexation of pensions that would severely impact upon all pensioners, and instead focus on eligibility for the part-pension and reforming the unfair retirement incomes system, including superannuation tax concessions.

‘The decision to reduce the indexation of pensions in the last Budget came as a great surprise to most of us, especially to pensioners,’ said ACOSS CEO Dr Cassandra Goldie.

‘It would effectively lead to people on pensions, including older people, sole parents, and people with disabilities, falling behind community living standards.

‘We know these groups are already struggling to get by on a daily basis and if this measure goes ahead, they would lose as much as $80 per week over the next ten years based on modelling by the National Commission of Audit.

‘This would be a massive cut to the income of some of the most vulnerable people in our community, who simply could not afford to absorb it.

‘The last thing we should be doing is reducing indexation of payments for pensioners down to the inadequate indexation which is still in place for people struggling to survive on allowances, including young people on Youth Allowance (just $30 a day) and unemployed people on Newstart (just $37 a day). Two thirds of people on Newstart and Youth Allowance have been on these payments for over a year.

‘We urge the government, opposition parties and crossbenchers to work together on alternative solutions to ensure the sustainability of retirement incomes system into the future. This must include reform to better target the Age Pension to those who need it and to superannuation tax concessions as part of the tax review.’

Support The Echo

Keeping the community together and the community voice loud and clear is what The Echo is about. More than ever we need your help to keep this voice alive and thriving in the community.

Like all businesses we are struggling to keep food on the table of all our local and hard working journalists, artists, sales, delivery and drudges who keep the news coming out to you both in the newspaper and online. If you can spare a few dollars a week – or maybe more – we would appreciate all the support you are able to give to keep the voice of independent, local journalism alive.


  1. Dear Abbot What you want from us Pensioners, you tucked everything away, you made our life misery, answer me and to all Australian People, What’s happened to our Money, our taxes we paid over the years, and people who did not live long enough to 65.– who stole that money, you not me. Do you deserve your pay for work based on lies. Don’t say that you love AUSTRALIAN PEOPLE, you hate all of us. You hate me I hate you too. — Dear Abbot I hope one day somebody will kill you, to revenge all our pains you impose on us.

  2. Morrison must act to stop all these leaners sending their undeserved pensions to off-shore tax havens. Let them eat coal!

  3. This is about balancing the Fed budget. Hurting pensioners.. who, over their lifetimes, have paid taxes from hard work and have earned it, …to cover that debt, is ridiculous.

    Whats not mentioned is where the Fed could get a lot more income for the budget without hurting anyone, is to make the biggest biz corporate leaners pay their fair share.

    They pay lower taxes than anyone else, and in some cases also get “subsidies”, or tax payer income for free. They profit from the poorer. The poorest most people, pay the wealthiest few people, at tax time, while the budget gets less help than by taxing the wealthy.

    Hey Fed govt..get your money where the most is… without hurting anyone..from taxes & no giveout subsidies for biggest biz. They can easy afford to pay something or more.

    Scraping what little the pensioners have away from them is cruel, while giving it all to biggest biz instead, who laugh while taking that extra overseas with already huge profits, and out of Australian circulation causing a weaker economy. How dumb & cruel can Fed govt get?

    The Fed govt needs to tax biggest biz, with no handouts, and leave pensioners alone. They could not be acting more stupid, really ridiculous. Do they really want to get the debt down? Or treat citizens as slaves to biggest biz?


Please enter your comment!
Please enter your name here

The bridges of Ballina Council

Ballina Shire Council has started preliminary investigation works at Fishery Creek Bridge, on River Street, and Canal Bridge, on Tamarind Drive, as part of their plan to duplicate both bridges.

Tweed Council wants your ideas on future sports facilities

Tweed Council is looking for feedback from residents about future plans for sport and recreation in the area.

REDinc’s new Performing Arts Centre is go!

It’s been a long wait, but two years on from the 2022 flood REDinc in Lismore have announced the official opening of a new Performing Arts Centre.

Not enough letters like this about Gaza in The Echo?

The Echo’s studied indifference to the plight of the Palestinians and its reluctance to publish letters on the subject reveals the moral fibre of...