WHAT WILL MORRISON’S $40 BILLION IN SECRET CUTS MEAN FOR PENSIONERS?

THE HON LINDA BURNEY MP.
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5 years ago
WHAT WILL MORRISON’S $40 BILLION IN SECRET CUTS MEAN FOR PENSIONERS?
THE HON LINDA BURNEY MP
Today, Australian pensioners are all asking one big question: will Scott Morrison cut the pension to pay for his multi-billion dollar tax cuts for the top end of town? 
 
Revelations today that the Liberals need to slash spending by $40 billion a year to fund their tax plans should sound a warning to Australians relying on the pension. 
 
The Abbott-Turnbull-Morrison Government’s record of unfair and cruel cuts show the Liberals can’t be trusted when it comes to looking after pensioners: 
  • For five years running, the Liberals tried to raise the pension age to 70.  
  • In 2014 the Liberals tried to cut pension indexation – a cut that would have forced pensioners live on $80 a week less within ten years.  
  • In that same 2014 Budget, the Liberals slashed $1 billion from pensioner concessions – support designed to help pensioners with the cost of living.  
  • In 2015, the Liberals did a deal with the Greens to cut the pension to 370,000 pensioners by changing the pension assets test.  
  • For two years, the Liberals planned to scrap the Energy Supplement, cutting payments for 1.5 million pensioners.  
  • The Liberals are still trying to cut the pension to around 80,000 pensioners a year as part of a plan to limit overseas travel for pensioners to six weeks. If Scott Morrison gets his way, he will make it harder for many pensioners to visit family overseas.  
  • The Liberals have also cut and outsourced over 2,500 jobs from Centrelink meaning people have to wait longer when they need help.  
This election is a choice between Labor’s plan to protect the pension versus bigger tax loopholes for the top end of town under the Liberals. 
 
After six years of Liberal cuts and chaos, our united Labor team is ready. 
 
Labor Party