Pensions are indexed twice a year. But COVID-19 has put a spanner in the works of what should be a regular increase next month.
In a speech on older Australians released ahead of its Wednesday delivery, Anthony Albanese claims that, with economic growth and productivity, Australians could see higher super and higher wages.
In two decades, the amount of antidepressants being prescribed jumped from 4% to 11%.
‘People felt totally trapped’: what it’s like to be a pensioner renting privately as Australia’s housing costs soar.
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On today's episode, Alan Morris shares some of the deeply moving stories he heard when he set out to interview older Australians in private rental accommodation and social housing about loneliness.
The ingredients for a good old age differ, not just because of where you live, but also depending on your income.
Labor has capitulated to pressure to exempt pensioners from its plan to end cash refunds for dividend imputation credits.
There has been a substantial improvement compared to 15 years ago, when the incidence of poverty among the elderly was 32.4%.
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 worst case scenario could put pressure on the NHS.
Spiralling living costs on a diminshed pension has come with uncertainty about the future.
It's not all about health and wealth.
Beyond debates about the avocado smash generation lies some misnomers on which generation had it better.
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.
Changes to the pension will affect the way people plan and behave.
Senator Jacqui Lambie told Q&A that a third of Australian age pensioners are living below the poverty line and that it's estimated to rise to two-thirds within five years. Is that right?
Reaching middle class status and sustaining it into retirement is a major challenge. The key is to live within your means.
Why is Africa so saddled with ageing presidents who ought to be enjoying their retirement in peace when the continent desperately needs young, agile and innovative leaders equal to its challenges?
For the last 30 years, politics has been dominated by a succession of bright young things. Could Corbyn change that?
Let's face facts. Behavioural finance shows you are not to be trusted with your retirement planning.
In a system where the age pension is designed to be needs-based, a strong asset test seems like an appropriate tax on the practice of bequeathing assets like superannuation to the next generation.