Budget 2024 For Pensioners. By increasing the tax burden on private pensions, mr hunt is making it clear that anyone who has prudently saved is now fair game to pick up the bill for britain’s wasteful. Budget will ’embrace harsh light of fiscal reality’.
Australians on welfare will receive some kind of a boost to their payments, with pensioners one of three groups earmarked by the treasurer. Pensioners can earn $204 a fortnight and $360 a fortnight for couples before their pension rates start to reduce.