Don Farrell (SA, Australian Labor Party, Minister for Trade and Tourism) Share this | Hansard source

Again, I thank the senator for her very important question. Indexation is not the only measure our government has announced in order to assist pensioners. As discussed in the chamber this morning, following the Albanese government's Jobs and Skills Summit, we announced an increase in the amount pensioners will be able to earn before losing any of their pension. From 1 December 2022 pensioners on the age pension will have their work bonus income bank credited with $4,000. This will take the maximum work bonus income bank from $7,800 to $11,800 until 30 June 2023. The $4,000 increase will be added to each age pensioner's work bonus income bank upfront.