On the other hand, according to AFR, a Fairfax paper:
For instance, a retired couple in their 70s living in their own home with around $700,000 of retirement assets and taking a $35,000 income stream from their super are now entitled to supplement this with a part government age pension of just under $20,000. Under the changes, this extra support will halve to about $10,000.
These "poor strugglers" will have to make do on a mere $900/week. Methinks jonno you are cribbing a little. They could pull an extra $1,000/wk and their "nest egg" will still out-live them.
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