Articles on Pensioners

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The incidence of poverty among people over 65 is decreasing in part because of increased labour force participation. Col Ford and Natasha de Vere/Flickr

Older people now less likely to fall into poverty

There has been a substantial improvement compared to 15 years ago, when the incidence of poverty among the elderly was 32.4%.
Older Australians are not deterred by financial barriers as much as emotional ones, when it comes to downsizing. www.shutterstock.com

Why older Australians don’t downsize and the limits to what the government can do about it

When people do downsize, financial incentives are generally not the big things on their minds. And so most of the budget’s financial incentives will go to those who were going to downsize anyway.
The growing numbers of pensioners in private rental accommodation use much of their income to pay for housing. Alan Porritt/AAP

Why secure and affordable housing is an increasing worry for age pensioners

For the increasing proportion of people living in private rental accommodation who can expect to be dependent on the age pension, the prospects of financial and housing insecurity are grim.
For every $1000 of assets the pension will be reduced by $3 a fortnight, under changes proposed in the federal budget. AAP Image/Alan Porritt

Missed opportunities on coherent pension policy reform

The government has dropped plans to index age pensions to CPI and opted instead to tighten income and assets test. These are welcome changes but more needs to be done.
As expected, part-pensioners will be most affected by budget changes. AAP Image/Melanie Foster

Budget brief: will I lose my age pension?

Part-pensioner couples who own their own home and assets worth more than about A$800,000 are expected to lose their part-pension altogether, under proposals in the federal budget.

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