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?
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 …
Photo: David Rowe