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When the age pension was originally bought in it was decided that a 7.5% levy would be paid towards this, what they classed "welfare...
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I am 80 years old now and I still work 4 to 6 hours a day most week days. I have been reporting my income to Centrelink every 2 weeks...
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Likewise... they are a rip off by greedy owners.... I have experience with several with my mother....
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Everyone has had 60 years to prepare for Old Age, The Pension is meant to supplement ones Savings, not to be the next Wage source. Baby...
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Some of us are still working part time and have not stopped work, so it is helpful for us.
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It`s not much, I think it is a small incentive for seniors who wish to return to some type of part-time work without loosing their pension.