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Wednesday, 17 February 1932

Mr THORBY (CALARE, NEW SOUTH WALES) - Is the Treasurer aware that the flat rate deduction of 2s. 6d. from old-age and invalid pensions is equivalent in certain cases to a reduction of 50 per cent.?

Mr LYONS - The reduction of pensions was in accordance with the financial rehabilitation plan evolved by Commonwealth and State Ministers in conference. Legislation for the application of the plan was submitted to this Parliament by the Scullin Government, and agreed to by all parties.

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