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Social Services and Other Legislation Amendment (2014 Budget Measures No. 5) Bill 2014


Type
Government
Originating house
House of Representatives
Status
Before Reps
Portfolio
Social Services

Summary

The bill amends the: Social Security Act 1991 and Veterans’ Entitlements Act 1986 to: pause indexation of income test free areas for pensions (other than parenting payment single) and deeming thresholds for three years from 1 July 2017; index pensions (other than parenting payment single) to the Consumer Price Index from 20 September 2017; reduce social security and veterans’ entitlements income test deeming thresholds from 20 September 2017; and increase the age pension qualifying age, and the non-veteran pension age, from 67 to 70 years by six months every two years, commencing on 1 July 2025; and Income Tax Assessment Act 1997 to make consequential amendments.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

House of Representatives
Introduced and read a first time 02/10/14  
Second reading moved 02/10/14  
     

Text of bill

  • First reading

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes