Concessions to basic living expenses safe

COTA NSW is pleased to see that the NSW Government has moved to protect a raft of concessions available to pensioners and seniors.

Concessions to basic living expenses safe

Concessions to basic living expenses safe

Released: 10-Jun-2014

Event Date: to

COTA NSW is pleased to see that the NSW Government has moved to protect a raft of concessions available to pensioners and seniors.

“Many older people, especially pensioners, rely on concessions to get some relief from mounting cost of living pressures. It was extremely disappointing to see the Federal Government axe $450 million from the budget that would have funded a range of important concessions over four years,” said Ian Day, CEO of COTA NSW.

“We were pleased to meet with John Ajaka, Minister for Ageing, and the Treasurer Andrew Constance last week. They were keenly interested in our views about the effect the loss of these concessions would have on older people in NSW. We are delighted the State Government has addressed community concern about the welfare of older people and has stepped in to plug the funding gap created by the Federal budget.”

The NSW budget will now allocate an extra $107 million annually to maintain a range of concessions. As a result many older people will remain eligible for concessions, including discounted vehicle registration, a $250 discount on council rates to pension card holders, a $235 rebate on electricity bills and an exemption from Sydney Water service charges of $31 a quarter. The action taken by the NSW Government will also ensure the $2.50 fare to travel across the train, ferry and bus network remains available.

“These concessions make a real difference to those who are eligible for them, and we pleased to see that the State Government has recognised this.”

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