Treasurer readies electorate for Age Pension cutsBY MARK SMITH | THURSDAY, 24 APR 2014 12:05PMTreasurer Joe Hockey has given the strongest signal yet that cuts to the Age Pension will headline a raft of belt-tightening measures in the upcoming Budget. Related News |
Editor's Choice
Is demand for active ETPs genuine beyond outlier conversions?
As the active exchange-traded product (ETP) market continues to grow, new Rainmaker Information research asks whether demand has genuinely improved or if it is underpinned by conversions from three investment managers delivering "three exceptional months of work"?
Schroders nabs Lazard's Australian portfolio manager
Aaron Binsted will join Schroders Australia in early November as a portfolio manager and analyst after 24 years at Lazard Asset Management.
IFM targets growth opportunities with new global office
IFM Investors has opened its first office in Singapore to capture growth opportunities in a region "under allocated" by institutional investors.
HNWIs demand outperforming, mission-driven endowment funds
High-net-worth investors' (HNWIs) increasing demand for philanthropy vehicles with robust governance, a clear mission and can outperform in equal measure is helping fuel the rise of endowment funds such as the Aspect Impact Fund.
Further Reading
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Sarah Shaw
GLOBAL PORTFOLIO MANAGER
4D INFRASTRUCTURE
4D INFRASTRUCTURE
It wasn't confidence that prompted Sarah Shaw to walk away from established investment houses and co-found 4D Infrastructure in 2015. It was something she believes is far more important: courage.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Leave the currently struggling pensioners alone, just don't waste big money on fighter jets.
Joe Hockey, leave the pensioners alone and cut the pollies expenses back, ie they are in office for 7 years then retire on hundred of thousands of dollars plus they get given a job somwhere else and still get their benefits ie their super, travel passes, offices and a lot more that we do not know about.
Leave the pensions alone !!! They have paid their taxes all their life so give them a go, it's their time now. I agree with Garry's comment, cut your own benefits after you finish your term. Or here is another thought, put some limitations on the Newstart benefit, payable for only 6 months, no cash, make it a voucher benefit so vouchers are given for grocery and utility bills. I am a young liberal supporter but if you cut the pension I will have to change my vote.