Andrew Wilkie (Clark, Independent) Share this | Hansard source

[by video link] My question is to the Prime Minister. Prime Minister, by one estimate Australian retirees will be $135 billion worse off post pandemic from reduced superannuation, personal savings, property income and share dividends. Fixing this will take bold reform, implemented urgently, including to the age pension, compulsory superannuation and voluntary savings. For example, the pension and compulsory super need to be increased and the assets and income tests and taper rates adjusted to stop penalising people for saving for retirement. The deeming rate needs to be lowered and eligibility expanded for the Commonwealth seniors health card. To this end, Prime Minister, when will the retirement incomes review be released? And do you commit to the bold reform needed to ensure a fair go for older Australians? (Time expired)

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