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

There is no plan to abandon indexation. Age pensions will go up every six months every year. That is the situation. We will put in place the indexation arrangements that members opposite think are fair for family tax benefits—and, if it is fair for family tax benefits, it is fair for other social security benefits. The member for Jagajaga and I disagree on some things but we do agree on some things as well. I would like to quote the member for Jagajaga, who said: 'As a parent, it is every parent's nightmare that your 15-year-old might drop out of school and basically do nothing.'

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