Get more from your money with up to 5.05% p.a. interest

with a National Seniors Term Deposit account

Federal Budget 2023:
Supporting older
Australians to build
a better nation


National Seniors Australia is putting forward 12 recommendations in 6 key priority areas

Download our submission for the Federal Budget 2023

Our priorities


Priority 1: Making the retirement income system stronger

Recommendation 1: Exempt work income from the income test for all government payments to boost workforce participation, income and savings.

Recommendation 2: Index the Age Pension more frequently during times of high inflation to ensure payments adequately reflect living costs.

Priority 2: Fix pension poverty

Recommendation 3: Establish an Independent Pension Tribunal

Recommendation 4: Increase the maximum rate of the Commonwealth Rent Assistance (CRA).

Priority 3: Mobilising the workforce

Recommendation 5: Provide 2,000 mature age home care traineeships per year to help meet demand for workers.

Recommendation 6: Rejuvenate quality, industry-wide training that emphasises management support and worker satisfaction.

Priority 4: A home, not an aged care home

Recommendation 7: Allow people on the cusp of entering residential care the option of downsizing to a smaller, age friendly home by exempting excess sale proceeds from the assets test.

Recommendation 8: Create a capital grants scheme for the construction of rental housing and small scale residential care homes for less than 20 people.

Priority 5: Funding aged care

Recommendation 9: All parties should commit to finding the fairest and most efficient way of funding aged care reforms and develop a transparent process to gain public support for any reforms.

Recommendation 10: Create a dedicated Home Care Loans Scheme to fund additional care and support.

Priority 6: Investing in future generations

Recommendation 11: Allow older Australians to invest in renewable energy infrastructure projects by issuing Clean Energy Bonds

Recommendation 12: Increase pension gifting limits to help the younger generation.

How we're making a difference


National Seniors Australia has been fighting for older Australians for over 40 years.
As a not-for-profit organisation, we work hard to achieve better outcomes for older Australians and have achieved many wins.
See what we've successfully lobbied for:

View advocacy wins

Show your support

Become a member

Become a member

As a not-for-profit organisation, your membership directly funds our Advocacy and Research work. It helps us fight to fix pension poverty, tackle the cost of living and health care, improve aged care and fairness in retirement income.

Plus, get access to discounts, competitions, weekly news and a yearly subscription to Our Generation magazine!

Donate to our advocacy campaigns

Donate to our advocacy campaigns

Your gift today can help fix pension poverty, rebuild the retirement income system and provide more home care places so that older Australians can live safely and make ends meet.

Latest news

Pension increase coming to you
  • Finance
  • Read Time: 3 mins

Pension increase coming to you

Other campaigns

Key Points


National Seniors Australia Federal Budget Submission focuses on the following areas:

  • Creating a simpler retirement system. 
  • Improving access to care at home.
  • Older people contributing to future generations. 
Read the full Federal Budget submission

We've got your back

With National Seniors, your voice is valued. Discover how we campaign for change on your behalf.

Learn more