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Showing 1 - 10 of 17 results for "Age Pension eligibility age"

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... estimates, would save over $7 billion a year. Grattan said the same rationale used for increasing the Age Pension eligibility age to 67 - Aussies living and working longer - should be applied to accessing "highly tax-advantaged" superannuation. It also ...

Boomers surprisingly open to fair super tax changes

MARK SMITH  |  THURSDAY, 28 APR 2016
... income. Unsurprisingly, 68% of respondents disagreed with last year's budget decision to raise the Age Pension eligibility age from 67 to 70. As negative gearing looks set to become a major election issue, respondents were evenly split 41-41 (with 18% ...

Further raise pension age, says Future Leaders winner

JAMES FERNYHOUGH  |  TUESDAY, 25 NOV 2014
... chose to present on the FSI, and focused on the problem of the ageing population, arguing that the age pension eligibility age should be lifted to between 70 and 75, but that the superannuation preservation age should be left at 60, and that both areas ...

FEATURE: Gear up for retirement

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
... budget speech in May sent the wheels of the financial services industry speed up. The rise of the Age Pension eligibility age to 70 years old by 2035 and the indexing of the Age Pension and the Disability Support pension to inflation, rather than wages ...

Raise preservation age with some exceptions: FSC

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
... with early access measures for those who are unable to work to that age. The FSC said that, with the Age Pension eligibility age set to rise to 70 by 2035, the age at which retirees can access their superannuation - preservation age - must also rise. ...

Super advocates urge caution on age access

AAP  |  TUESDAY, 20 MAY 2014
... (ASFA) believes the superannuation preservation age should be set at least five years lower than the Age Pension eligibility age. "We would encourage the government to consider policies that encourage people to take up income stream products in retirement ...

Labor to oppose rise in pension age

JAMES FERNYHOUGH  |  FRIDAY, 16 MAY 2014
Opposition leader Bill Shorten has said Labor will not support the government's bill to lift the Age Pension eligibility age to 70. As part of his budget reply speech in parliament yesterday, Shorten accused the government of 'haranguing' Australians ...

Budget forces advisers to rethink tax, retirement strategies

LAURA MILLAN  |  TUESDAY, 13 MAY 2014
... retirement strategies, following the release of the 2014 budget. Treasurer Joe Hockey confirmed that the Age Pension eligibility age will rise to 70 by 2035 and he said that the government will index the Age Pension and the Disability Support pension ...

Budget a 'missed opportunity': ISA

JAMES FERNYHOUGH  |  TUESDAY, 13 MAY 2014
... could result in a 25% decrease in retirement income for many Australians. He said the changes to the Age Pension eligibility age and the introduction of indexation to inflation rather than wages should be a "last resort." "They will have quite a significant ...

Pension age to rise 70 by 2035

JAMES FERNYHOUGH AND AAP  |  TUESDAY, 13 MAY 2014
The government will raise the Age Pension eligibility age to 70 by 2035, Treasurer Joe Hockey has said in his 2014 budget speech. From 2017, the government will also index the Age Pension, as well as the Disability Support Pension, to inflation rather ...
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