The Government will drop its long-standing, but unlegislated, plan to increase the Age Pension age from 67 to 70.
PM Scott Morrison announced the policy change in response to a question from a member of the public on The Today Show.
“I was going to say this next week, but I may as well say it here, Karl. I’ve already consulted my colleagues on that and next week cabinet will be ratifying a decision to reverse taking the pension age to 70. I will remain at 67, which is what Labor increased it to.”