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

Let me repeat the two fundamental points. Pensions will go up twice a year every year—that is point No. 1. Point No. 2 is that the pensioners of Australia are significantly better off thanks to this government because the carbon tax has been abolished and the carbon tax compensation has been kept. I say to members opposite who are so enamoured of MTAWE that, if pensions had only gone up by MTAWE since the election, they would now be $20.70 per fortnight lower. That is the truth: under Labor's favourite indexation method, pensions would be lower at this time.

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