Australian Bureau of Statistics
6467.0 - Pensioner and Beneficiary Living Cost Index, Sep 2009
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 23/11/2009
|Page tools: Print Page Print All RSS Search this Product|
The CPI is designed to measure price inflation for the household sector as a whole and, as such, is not the conceptually ideal measure for assessing the impact of price changes on the disposable incomes of a subgroup of the population (eg. pensioners). To address this, the Government has requested the ABS to produce a new index - the Pensioner and Beneficiary Living Cost Index (referred to as PBLCI). The Government will use the PBLCI as a new measure of price change to index base pension rates where it is higher than the CPI.
These documents will be presented in a new window.
This page last updated 14 May 2010