Summary
Amends: the Social Security Act 1991 to reduce from 26 to six weeks the period during which age pension and other payments with unlimited portability can be paid outside Australia at the means-tested rate from 1 January 2017; and pause for three years the indexation of various income thresholds that apply to certain social security benefits and allowances and the income test free area for parenting payment single; the Social Security Act 1991 and Social Security (Administration) Act 1999 to abolish the pensioner education supplement from 1 January 2016; the Social Security Act 1991, Social Security (Administration) Act 1999 and Veterans’ Entitlements Act 1986 to abolish the education entry payment from 1 January 2016; and seven Acts to make consequential amendments.