The reforms outlined in this bill will give older Australians more choice and greater flexibility in managing their finances, allow them to keep more of their pension when they work and allow retirees who own their home to receive more income. By leveraging these successful social security programs to better support the needs of retirees, this bill further delivers on the Liberal-National government’s strong, ongoing commitment to older Australians and, thus, I commend the bill to the House.
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