House debates

Wednesday, 22 October 2014

Questions without Notice

Pensions

2:05 pm

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

Pensions will continue to increase every six months and every year. They will, however, go up by CPI—the same indexation factor that members opposite think is fair and reasonable for the family tax benefit. Pensions will continue to increase under this government but, unlike under the policies of those opposite, they will increase in a sustainable way. The seniors of Australia understand, because they have had long lives dealing with budgets, that—like businesses, hospitals, households and governments—governments too have to live within their means. The members opposite did not understand this.

Ms O'Neil interjecting

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