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Thursday, 1 May 1980
Page: 2013

To the President and Members of the Senate in Parliament assembled the petition of the undersigned citizens respectfully showeth:

That there is an urgent need to ensure that the living standard of pensioners will not decline, as indeed, the present level of cash benefits in real terms requires upward adjustment beyond indexation related to the movement of the Consumer Price Index, by this and other means your petitioners urge that action be taken to:

1.   Adjust all pensions and benefits quarterly to the Consumer Price Index, including the ' fixed ' 70 's rate.

2.   Raise all pensions and benefits to at least 30 per cent of the Average Weekly Earnings.

3.   Taxation relief for pensioners and others on low incomes by:

(a)   The present static threshold of $75 per week for taxation purposes be increased to $ 100 per week.

(b)   A substantial reduction in indirect taxation on consumer goods.

And your petitioners as in duty bound will ever pray. by Senator Peter Baume.

Petition received.

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