House debates Questions without Notice

Age Pension

Wednesday, 17 June 2015 House of Representatives

Tony Abbott

Tony Abbott Warringah, Liberal Party, Prime Minister

2:35 pm

No, I do not. But let me explain exactly what this government is doing. We are increasing the pension for 170,000 Australians with modest assets. That is what we are doing. We are increasing the pension for 170,000 Australians with very modest assets—and yes, Madam Speaker, we are ensuring that people with a million dollars in assets and the family home will no longer get the part pension. We are ensuring that. I draw a fundamental distinction—

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