'Shopping around could save Australian consumers hundreds of millions of dollars each year' says ACCC.
Government expects to net $219 million over four years through about 6000 cases of pensions being paid to dead people.
Peak advocacy group says current taper rate is a disincentive for people who try to put away more for their retirement.
Its used by many Australians to access the equity in their home without needing to sell or downsize - but the equity release still attracts many myths and misconceptions.
No joy for those receiving Newstart, widow allowance or sickness allowance which will increase by $3.30 a fortnight.
'They were in my bank account, with numbers flashing up like lightning.' Last year, frauders used phone scams to take more than $21.4m from senior Australians.
'We're doing things a new way, which is actually the old way': Australian Seniors' second bricks-and-mortar store welcomed by over-50s.