A new $4,000 income credit for working age pensioners has been announced, to come into effect in December 2022.
But, it is temporary until June 2023.
Under current rules, an Aged Pensioner can earn $7,800 a year before their pension is reduced.
The increase in the income credit, to be added from December 2022, would allow them to earn a total of $11,800 per year, before their pension is impacted.