Pension and benefit payments

Jan 28, 2014

Q. Do you think the following pensions and benefits are too high, too low or about right?

Too high

Too low

About right

Don’t know

 

 

Too high

Too low

About right

Don’t know

Age pension

2%

64%

25%

8%

Age pension ($827 a fortnight for a single person)

5%

52%

35%

8%

Disability support pension

8%

47%

31%

14%

Disability support pension ($813 a fortnight)

8%

47%

35%

10%

Unemployment benefit

27%

27%

35%

11%

Unemployment benefit ($501 a fortnight for a single person without children)

25%

35%

31%

9%

Parenting payment

31%

23%

32%

14%

Parenting payment ($700 a fortnight for a single parent)

26%

34%

29%

10%

Note: Half the sample was asked this question without specifying the payment amounts and half was asked with the payment amounts specified.

For half the sample that were not told the specific payment amount, 64% thought the age pension was too low and 47% thought the disability support pension was too low. Opinions on unemployment benefits and parenting payments were split – on unemployment benefits the most common response was “about right” (35%) and about right (32%) or too high (31%) for parenting payments.

The half that were told the payments amounts were less likely to think the age pension was too low (52%), had similar perceptions of the disability support pension and were more likely to think unemployment benefits (35%) and parenting payments (34%) were too low.

For the age pension while 58% of those aged 65+ thought it was too low, 76% of those aged 45-64 thought it was too low.

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