Sydney Weather News - (AFX UK Focus) 2009-03-12 00:03 UPDATE 1-Australia budget to up pensions, save on health-paper (Interactive Investor)

CANBERRA, March 12 (Reuters) - Australia's government will look to pare back health care refunds and pension fund tax benefits for the rich to help support a sharp pension payment increase in its May budget, a newspaper report said on Thursday. A A$30 a week pension top-up was near certain to be announced in the May 12 budget by Treasurer Wayne Swan, costing around A$5 billion ($3.25 billion) a ...


Click Here to read the entire article...