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Latest news: Pension and Welfare

Little incentive to have kids and no way to move out

Little incentive to have kids and no way to move out

How the cost of living and policy has impacted Australians has been laid bare in the latest update of the nation's longest running and broadest reaching survey.

Labor defends insurance rebate cut as elderly targeted

Labor defends insurance rebate cut as elderly targeted

Labor defends insurance rebate cut as elderly targeted

Labor defends insurance rebate cut as elderly targeted

Moves to scrap extra private health insurance rebates for over-65s won't have a significant impact as analysis shows pensioners will face higher cost.

Compensation payouts to robodebt victims to be tax free

Compensation payouts to robodebt victims to be tax free

Compensation payouts to robodebt victims to be tax free

Compensation payouts to robodebt victims to be tax free

Payments to those affected by robodebt be exempt from income testing and tax as part of measures to ensure victims keep all of their financial redress..

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Small-business owners, women worried about golden years

Small-business owners, women worried about golden years

Australia has built one of the world's largest retirement saving pools, but many people worry they will run out of money to live on after they stop working.

Property-owning pensioners could get less public money

Property-owning pensioners could get less public money

A change to the nation's deeming rate from September will decrease the pension offered to seniors who own assets.

Rise of industry funds: shake-up ahead for Aussie super

Rise of industry funds: shake-up ahead for Aussie super

Consultation group Deloitte has published a report on the future of Australia's superannuation sector, predicting mergers and strong growth for industry funds.

Labor launches One Nation attack on paid parental leave

Labor launches One Nation attack on paid parental leave

Six months of government-funded paid parental could eventually be extended, as Labor seizes on Pauline Hanson's attacks on the scheme.

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Small business, payments system brace for payday super

Small business, payments system brace for payday super

Small business, payments system brace for payday super

Small business, payments system brace for payday super

Australia's superannuation payment system is set for a major shake-up but small businesses warn unnecessary penalties could mar the road ahead.

'Don't panic': cash isn't king when it comes to super

'Don't panic': cash isn't king when it comes to super

'Don't panic': cash isn't king when it comes to super

'Don't panic': cash isn't king when it comes to super

The US war on Iran is spooking Australians who've watched their super pools drop tens of thousands of dollars since the conflict began on February 28.

Super funds urged to improve advice to help retirees

Super funds urged to improve advice to help retirees

Super funds urged to improve advice to help retirees

Super funds urged to improve advice to help retirees

A major superannuation research company has found just six funds including ART, Hostplus and Unisuper do a good job advising members when they retire.

Super funds blindsided by watchdog's unreleased review

Super funds blindsided by watchdog's unreleased review

Super funds blindsided by watchdog's unreleased review

Super funds blindsided by watchdog's unreleased review

Australia's superannuation industry looks forward to working with the corporate watchdog on scam prevention, noting they still haven't seen a critical report.

Confident about retirement? It depends on your gender

Confident about retirement? It depends on your gender

Confident about retirement? It depends on your gender

Confident about retirement? It depends on your gender

Years of gender pay gaps, part-time work and caring for others have left Australian women with smaller nest eggs facing a more uncertain future, research shows.

Clock ticks on support for rejigged super tax changes

Clock ticks on support for rejigged super tax changes

Clock ticks on support for rejigged super tax changes

Clock ticks on support for rejigged super tax changes

A six-month heads up on tax changes is tight but manageable, big super funds say, although Labor still needs to find a friend to get the laws past parliament.

Retiring renters facing disaster without intervention

Retiring renters facing disaster without intervention

Retiring renters facing disaster without intervention

Retiring renters facing disaster without intervention

Renters face an impossible challenge in retirement without more assistance and need significantly more superannuation than homeowners, a report shows.

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Slash spending and reform taxes, IMF urges Australia

Australia should reintroduce a mining tax and limit spending growth in the NDIS and aged care, according to a leading global financial institution.

'Socially isolating': one in seven living in poverty

Charities and social services are calling for urgent action after a study showed one in seven Australians are living in poverty.

Relief at hand for unlawful social service debt victims

Welfare recipients with debts calculated using an unlawful method will have up to $250 wiped and also be eligible for resolution payments.

Aged pensioners to feel impact of asset test changes

Rates the government assumes people earn money on savings from will increase for the first time since they were lowered during the global pandemic.

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Battlers overcharged millions by monopoly power utility

A power monopoly raked in millions of dollars from Centrelink customers by continuing to draw payments after their accounts were closed, a watchdog has found.

Workers' retirement nest eggs set for super boost

The superannuation guarantee will rise to a targeted 12 per cent after more than a decade of incremental increases.

Parenting payments to increase to match inflation

A raft of social security payments will rise by 2.4 per cent from the start of July as part of indexation changes.

How agency staff put abuse survivor through the wringer

The mistreatment of a family violence survivor by federal agency staff has been torn to shreds in a scathing report that questions their impartiality.

Dutton accuses PM of peddling 'dirt' on share purchases

Attempts to use Peter Dutton's decades-old financial records against him reflect poorly on the federal government, the opposition leader says.

Robodebt: corruption watchdog to investigate six people

Six public servants involved in the robodebt disaster will be investigated for possible corrupt conduct, offering hope to victims of the illegal welfare scheme.

Carer, student, youth support payments set to grow

Young Australians, students, carers and other who receive government support allowances will take home more as indexation increases their payments.

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