House debates

Wednesday, 17 June 2015

Questions without Notice

Age Pension

2:35 pm

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

No, I do not. But let me explain exactly what this government is doing. We are increasing the pension for 170,000 Australians with modest assets. That is what we are doing. We are increasing the pension for 170,000 Australians with very modest assets—and yes, Madam Speaker, we are ensuring that people with a million dollars in assets and the family home will no longer get the part pension. We are ensuring that. I draw a fundamental distinction—

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