Coalition vow to help pensioners, so long as they have assets

by | May 5, 2022 | Lobbyland

The Coalition has moved to secure the pensioner vote from Labor by freezing deeming rates that pensiones are on to today’s record low level for the next two years.

Deeming rates are charged on an assumed level of income, based on the amount of financial assets an individual has when allocating the size of pension they will receive.

The move benefits pensioners who own financial assets far greater than those who do not.

Callum Foote a journalist and Revolving Doors editor for Michael West Media.
Callum has studied the impact of undue corporate influence over Australian policy decisions and the impact this has on popular interests.

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