‘Age pension increase not likely until budget’
With an increase in the age pension based on the standard indexation now ruled out, pension recipients now may have to wait until the budget to see any increase in their payments, says BT Technical Services.
BT head of financial literacy and advocacy Bryan Ashenden said last week it was announced that the vast majority of income support payments from the Department of Social Security will not increase from 20 September this year.
Read more at SMSF Adviser.
