DEEMING RATES FOR SOME PENSIONERS AS UNEMPLOYED SUFFER

MORE Smoke and mirrors with Deeming Rates because as this report reveals Pensioners with a home will miss out …. is this a case of skimming deeming rates to pay the $16 Billion bill for Franking Credits?

View:

https://caanhousinginequalitywithaussieslockedout.com/2019/07/15/home-owners-miss-out-on-full-benefit-of-deeming-rate-change/

EXTRACT from ‘Coalition gives another $600m to pensioners as unemployed suffer’:


Australia’s unemployed languishing on Newstart are falling even deeper below the poverty line:

And this comes because the Newstart Allowance has not increased in real terms (i.e. above the Consumer Price Index) since 1994, whereas the Pension has received significant increases:

If there’s one segment of society that deserves some taxpayer love, it’s the unemployed …

unconventionaleconomist@hotmail.com

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Photo: David Rowe

READ MORE: https://www.macrobusiness.com.au/2019/07/coalition-gives-another-600m-pensioners-unemployed-suffer/

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