http://mobile.abc.net.au/news/2015-05-07/budget-government-to-outline-changes-to-age-pension/6450946
Excerpt:
Excerpt:
At the moment, couples can own $1.15 million in assets on top of their family home to qualify for the part pension.
That threshold will now be reduced to $823,000 for couples meaning about 91,000 people will no longer qualify for the benefit, while another 235,000 will have their pension reduced.
But the bulk of retirees will either see no changes to their pensions, or will receive a small boost.
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