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Labor’s budget ‘gift’ to retirees might be higher interest rates

The Federal Government had next year’s federal election firmly in its sights with this budget, and retirees were among the beneficiaries of its fiscal largesse.

Nicholas Way | 15th May 2024 | More
Rule letting pensioners earn extra $4,000 in income set to go permanent

The additional income allowance had been set to end in 2024, but the government wants to make it permanent, enabling older Australians to earn nearly $12,000 in annual work income without affecting their pensions.

Lisa Uhlman | 27th Sep 2023 | More