Seniors budget pain shock

Bill shock: Seniors feel the pain of two budgets. Picture: Bill Hatto/The West Australian. By Ben Harvey   The West Australian  16 May 2015 The combined impact of pension and concession changes in the State and Federal budgets will leave some retirees more than $16,000 a year worse off, an analysis by The Weekend West reveals. The…

How Scott Morrison’s new wealth test could backfire, and see more people on the pension

GREG MCKENNA  15 MAY, 2015  BUSINESS INSIDER Social Services Minister Scott Morrison’s plan to get people off the pension and living off their own assets has the potential to do the exact opposite as pensioners now caught by the changed rules seek to protect their pension entitlements. That’s because in his vison for what he says…