Original article by Laura Tingle
The Australian Financial Review – Page: 1 & 4 : 25-May-15

Some 90 per cent of people on lower incomes will be adversely affected by measures in the Australian Government’s 2014 and 2015 Budgets, according to research by the National Centre for Social & Economic Modelling. Changes to the pension assets test will hit retirees with significant assets in particular, but Social Services Minister Scott Morrison argues that they should rely on their superannuation savings rather than the age pension.

CORPORATES
UNIVERSITY OF CANBERRA. NATIONAL CENTRE FOR SOCIAL AND ECONOMIC MODELLING, AUSTRALIA. DEPT OF SOCIAL SERVICES, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET