ScoMo to reverse pension age lift

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By Leith van Onselen

Prime Minister Scott Morrison will scrap the Coalition’s policy of lifting the age for accessing the Aged Pension from 67 to 70:

“Next week, cabinet will be ratifying a decision to reverse taking the pension – the retirement age – to 70,” he told Chanel Nine’s breakfast program Today.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.