Retirees incomes suffer as interest rates plummet

Eileen Wood
By Eileen Wood
Updated June 28 2019 - 12:10am, first published June 24 2019 - 10:00pm
TOUGH FINANCIAL TIMES: Interest rate falls hit retirees in the hip pocket.

UNFAIR and unjust is how struggling retirees are describing the government's lack of action on the deeming rates despite another drop in the interest rate by the Reserve Bank.

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Eileen Wood

Eileen Wood

Senior Journalist

I'm a senior news journalist at The Senior newspaper, the leading publication bringing targeted news on issues affecting older Australians. We cover NSW, Victoria, Queensland, Tasmania, SA and WA. If you have a story idea I would love to hear it. You can email me: eileen.wood@thesenior.com.au or phone The Senior 02-4355-5000, mob. 0490 373 465

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