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The role of a higher age pension in stimulating the economy

When the economy is slowing governments can stimulate economic activity by spending more money, thereby increasing the level of demand for goods and services. The Commonwealth Government could start injecting tens of millions of dollars into the economy each week simply by increasing the size of a payment such as the age pension.

Type of Publication: 
Research
Section: 
Economy
Government and Accountability
Tags: 
pension
economic policy

Download Publication: 
PDF icon WP117_7.pdf

Author: 
R. Denniss and J. Fear
Posted on:
13 October 2008

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