Tony Abbott (Warringah, Liberal Party, Prime Minister) Share this | Hansard source

There are no changes to pensions in this term of parliament. It is as simple as that. There are no changes to pensions in this term of parliament. If the Australian people do not like what this government has proposed, they can take the appropriate action at the ballot box at the next election. I will tell you what this government is doing and why this is a budget that is honest and necessary for our country at this time. This government is outlining a clear plan to fix Labor's debt and deficit disaster.

We have demonstrated exactly what we propose to do to deal with the mess that Labor created. Now it is up to Labor to demonstrate what it will do to fix up the mess that it created. If Labor thinks that there is something fundamentally wrong about applying to pensions the indexation rate that they applied to the Family Tax Benefit—

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