Throughout Super there have been various rule changes ..such as no income stream nor assets counted , then only half assets counted and income streams were discounted , then full assets counted and income streams discounted,,,from Jan 2015 Full Lump sums are counted in the assets test and income streams are deemed with no discounting etc...
Sky TV...Its not alright to state on one hand that it will cost the Govt $50 billion whilst not subtracting the money saved by the new rules as of Jan 2015 where most would only get part old age pensions and some would lose it entirely...
maybe Christian Porters should do some research....
