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Age Pensions 8% Lower

We have added a new Chart to Miscelaneous Charts in Research Centre relating to our 18 March 2004 News article about government fiddling pensions indexing (http://www.findem.com.au/news/displayArticle.php?id=294). It is a clear demonstration that relative to wages, Age Pensions are now about 8% lower than they were 10 years ago. Is this a deliberate policy of a gradual whittling away of Age Pension as superannuation accumulates or a subtle revenue saver?

Posted Saturday, 19 June 2004

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