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Pensioners better off.



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Hon. Larry Anthony, MP Minister for Community Services

5 March 2001

PENSIONERS BETTER OFF

Pensioners are far better off under the Coalition Government's policies, illustrated clearly in a graph presented by the Prime Minister during question time today.

The graph, which compares the affect of Howard-Anderson Government policies on pensions to previous Labor Government policy, shows pensioners will be $22.61 better off as of March 20.

By indexing pensions to the Male Total Average Weekly Earnings, providing GST compensation to pensioners and continuing CPI indexation, pensions have risen to $402.

It contrasts sharply with Labor's record in Government when there was no compensation for pensioners when Wholesale Sales Taxes were increased.

Under Labor pensioners would only have been entitled to CPI indexation, leaving them behind with $379.39 a fortnight.

It also shows that pensioners have received around $30 more since July last year than they would have under Labor.

This debunks Labor's lies of pensioners being worse off under the Coalition's policies

Contact: Brendan Cooper - Media Adviser 02 6277 7240     0409 397 349 Email: brendan.cooper@facs.gov.au    Web site: www.facs.gov.au

For further information or feedback on this site email us at minister.anthony@facs.gov.au

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