Senate debates Bills
Social Services Legislation Amendment Bill 2017; In Committee
Mathias Cormann WA, Liberal Party, Minister for Finance
11:27 pm
The calculation is relatively simple. There is an assumption that there will be a 1.5 per cent CPI next year and a 1.5 per cent CPI the following year. If you pause indexation, then, obviously, the number in aggregate is not going to increase by that 1.5 per cent indexation factor, and, fundamentally, that is what will help you identify the saving.
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