Senate debates

Tuesday, 17 September 2019

Questions without Notice

Pensions and Benefits

2:15 pm

Photo of Anne RustonAnne Ruston (SA, Liberal Party, Minister for Families and Social Services) | Hansard source

Of the over 2.5 million Australians who are pensioners, about 900,000 of that 2.5-plus million pensioners will actually be impacted on deeming within the spectrum of the rates that I've said. What I would also say, for those opposite as an explanation about how deeming rates actually work, is that they actually work at a point in time. People's financial assets often will change from time to time, so from one fortnight to the next fortnight there could be a different number of people who would be impacted to the maximum amount or a different amount. So there is no one particular answer that you're able to give. What I will say is that there is a spectrum from $1 to $804 and people will fall within that.

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