News

Pension to increase by $6.70

Richmond MP Justine Elliot.
Richmond MP Justine Elliot. Jay Cronan

FEDERAL MP Justine Elliot has announced an increase in the pension claiming it will help local pensioners keep up with living costs.

And while the government's "historic pension reforms" have delivered an increase of more than $150 per fortnight since 2009, the most recent increase announced on Tuesday is only an extra $6.70 per fortnight.

"We delivered the biggest increase to the pension in its 100 year history, and the boost gives our local pensioners that little bit extra to help manage the budget," Mrs Elliot said.

"Single pensioners on the maximum rate will receive an extra $6.70 a fortnight and pensioner couples on the maximum rate will receive an extra $10 a fortnight combined."

Mrs Elliot said the rise was in line with a fair indexation system that followed living costs.

"Labor understands that pensioners have the least room to move in their budgets," Mrs Elliot.

"That's why it's so important that when the cost of living goes up, the pension goes up to match it."

From May, pensioners will receive an increase of about $338 per year as part of the clean energy future package.

Mrs Elliot slammed Tony Abbott and the Coalition for voting against the increase.

"After a lifetime of work, pensioners deserve a fair go," she said.

"As local pensioners look forward to a pension increase today and another boost in the next few months, they will be quite rightly asking Tony Abbott just how much he plans to rip away.

"They deserve to know their pension is being protected, and they deserve better than Tony Abbott's savage cuts."

Topics:  australian labor party, cost of living, justine elliot, pension


Join the Community.

Get your local news, your way.

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Backyard fight turns ugly for man linked to Samoan royalty

A man linked to Samoan royalty was sentenced in Ipswich District Court.

Man linked to Samoan royalty escapes spending time behind bars

Darren Lockyer nails it at big Bunnings opening

BIG NAME: Darren Lockyer dropped in to Bunnings Bundamba for the official opening of the store. He’s pictured with complex manager Nathan Robley (left) and Bunnings managing director Mike Schneider

Lockyer nails it at Bunnings store opening

LETTER: Budget fails the Great Barrier Reef

WHITE OUT: A diver inspects a bleached portion of the Great Barrier Reef. Photo XL Catlin Seaview Survey.

It’s a missed opportunity to lead in the global transition

Latest deals and offers

70-year-old war veteran dies in Ipswich house fire

A WAR veteran has been killed in a house fire in Ipswich overnight.

Backyard fight turns ugly for man linked to Samoan royalty

A man linked to Samoan royalty was sentenced in Ipswich District Court.

Man linked to Samoan royalty escapes spending time behind bars

Darren Lockyer nails it at big Bunnings opening

BIG NAME: Darren Lockyer dropped in to Bunnings Bundamba for the official opening of the store. He’s pictured with complex manager Nathan Robley (left) and Bunnings managing director Mike Schneider

Lockyer nails it at Bunnings store opening

LETTER: Budget fails the Great Barrier Reef

WHITE OUT: A diver inspects a bleached portion of the Great Barrier Reef. Photo XL Catlin Seaview Survey.

It’s a missed opportunity to lead in the global transition

LETTER: Families get the short stick in LNP budget

Australian Prime Minister Malcolm Turnbull.

Malcolm Turnbull’s budget puts big business over battlers

Man in court for allegedly trying to choke partner

The matter was adjourned to a later date

Dash Cam of Head-on Crash

Head-on crash after overtaking in fog.

Disaster as driver overtakes in fog at night.

Spirit of Tasmania Ferry in Rough Seas

Rough seas toss ferry around.

Passengers scream as ferry rides through high seas.

Spectacular Crash as Corvette Flips at Drag Races

Corvette flips at 350kmh.

Driver walks away from 350kmh crash in Texas.

Demand for acreage lots pushes up property prices

Property values in Cooroy have increased 25%

Property values jump in Cooroy and Peachester.

How a sacked real estate agent made $725k in four months

Agent is now under investigation by the industry watchdog

RBA warns of future apartment oversupply

Toowoomba: Crest Apartments and Burke & Wills, Ruthven Street ( view from Neil Street) Photo Bev Lacey / The Chronicle

RBA says oversupply of apartments poses risk to household finances