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Treasurer Joe Hockey's decision to raise the pension age to 70 is being met with criticism from middle-aged Australians looking for work, who say they may be left in the lurch for decades. Mr Hockey has confirmed the Coalition wants to raise the
But this increase in life expectancy also means that we need to have the money to support it. If you retire at 60, you may still have a good 25-30 years of living ahead of you. While this can be supported by the Age Pension once you reach age
It has been rather hard to get an accurate read on the government's pre-budget positioning given that through the earlier part of this year, Hockey has at times flagged a mild, even stimulatory budget, rejecting any sudden contractions that would "
The government has resisted any temptation it might have had to use the budget to put some backbone into its timid superannuation ''reforms'' announced early last month. After a concerted campaign by sections of the industry, superannuation has been
Tribunal member Jan Redfern declared the husband and wife were no longer a couple, in a newly-published ruling that sets a precedent for other estranged spouses to claim higher welfare benefits. "A person who is married may live separately, but
Jack McLees, 61, of Tecoma, pleaded guilty in the County Court to two charges of defrauding the Commonwealth and one count of dishonestly causing a loss to a Commonwealth entity from between April 1996 and December 2008. Judge Roy Punshon said McLees'
Peter Martin January 30, 2012 Read later "I'll be telling Mr Shorten he can't look at the rules governing superannuation without looking at the rules governing access to the pension" ... panel member Richard Denniss...The Superannuation Minister,
Recently an accountant advised my friend about a Federal Court ruling that property investors can bank their entire gross rent into their personal bank account and not include this in their assessable income for tax purposes. The investor should open
Khrushchev (center) in box at rear, watches actress Shirley MacLaine perform in Hollywood...Marland, campaigning in support of an initiative measure for an old-age pension, told a crowd of about 2,000 at Sand Springs that passage of the legislation
The Puducherry administration started disbursement of enhanced old age pension in the Union Territory today. The N R Congress in it's election manifesto had announced an enhancement in the old age pension and accordingly the pension was enhanced from