Riverland based Federal Senator and Federal minister has been front and centre of the government’s decision to cut deeming rates.
Minister for Families and Social Services Senator AnneRustonsaid “The decision shows the Morrison Government has listened to and acted on the concerns expressed by older Australians who receive a part pension”
Seantor Ruston also said “Changes to the deeming rate will also benefit people receiving other income tested payments including the Disability Support Pension and Carer Payment, and income support allowances and supplements such as the Parenting Payment and Newstart.”
The extra money will start flowing through into peoples bank accounts from the end of September in line with the regular indexation of the pension and will be backdated to July 1.
Image - Anne Ruston