Penny Wong SA, Australian Labor Party, Minister for Finance and Deregulation
2:32 pm
The way in which the government has structured assistance for self-funded retirees is to link it to eligibility for the Commonwealth Seniors Health Card. Self-funded retirees will receive the same dollar amount as those on the aged pension, which would be $338 per annum for singles earning up to $50,000 and $510 per annum for couples combined earning up to $80,000. I would again make the point the assistance I am outlining is the assistance the opposition is going to be clawing back.
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