House debates
Tuesday, 27 May 2014
Questions without Notice
Budget: Age Pension
2:30 pm
Kevin Andrews (Menzies, Liberal Party, Minister for Social Services) Share this | Hansard source
The member for Fraser. I apologise to the member for Canberra. And I would say to the member for McMahon, at least the member for Fraser's books sell more than yours do. There is a great demographic change occurring and that is reflected in the fact that this government is going to ensure that the age pension remains sustainable.
The member for Banks asked, 'Is the age pension going to continue to increase?' Yes, it will—twice a year. In March of this year the age pension increased by $15.70 a fortnight for singles and it increased by $11.90 fortnight for each of a couple. Again in September of this year the age pension will increase, as it will in March and September 2015, and 2016, and 2017. The nonsense that the Labor Party is going on about the age pension is simply, once again, factually incorrect. Under this government the age pension will be sustainable and will continue to increase.
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