20.4 C
Byron Shire
December 3, 2022

Drop unfair plan to lower pension indexation: ACOSS

Latest News

Follow the school buses

In Byron Shire and beyond, we have a regular, convenient and reliable public transport system moving thousands of commuters...

Other News

First gig at Byron’s Green Room

By Simon Haslam It was certainly auspicious that the very first event at Byron’s new live music 1500-person venue, The...

Nimbin boil water alert lifted – remains for rural water supply

The Boil Water Alert for the village of Nimbin has been lifted, effective immediately – but remains in place for rural users. 

Natural burial site found unsuitable

The long-standing plan to create a natural burial ground for locals who want to be buried sustainably has hit a major hurdle, with the site favoured for this use found to be completely unsuitable.

Strong winds and good tides set up a race day of fast sailing on the Tweed River

Matt Andrews with his trusty crew puts Powder Monkeys through its paces. Photo supplied. A big incoming tide and a...

Byron Shires wildlife corridor 

Byron Greens congratulate Byron Shire Council on its commitment to wildlife corridors and to developing wildlife corridor mapping. We...

Fostering local writing talent

Since 2001, the Byron Writers Festival Residential Mentorship has been inspiring writers on the path to publication. This year saw four writers spend a week in Possum Creek being mentored by Walkley Award-winning journalist and author, Sarah Armstrong.

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.

3 COMMENTS

  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?

LEAVE A REPLY

Please enter your comment!
Please enter your name here

NSW Forestry challenged over failed forestry practices in precedent-setting case

What makes bushfires worse, causes native species collapse and creates forest dieback?

Urine sample test: new way to detect and screen for early stages of Alzheimer’s disease

When it comes to Alzheimer’s disease, an early diagnosis – one made well before signs of irreversible dementia are apparent – is key to providing effective intervention and treatment.

Gulihl Art exhibition – bringing First Nations artists and their connection to Country to you

Byron’s ‘pop-up’ Firefly Art Gallery is presenting the work of local First Nations artists in the upcoming Gulihl Art exhibition in Marvell Hall.

A gentle day for refugee and asylum seeker families

Promoting community awareness, assistance and support, for asylum seekers and refugees, the Pottsville Refugee Support Group recently hosted refugee and asylum seeker families from Logan at a fun day at the beach.