(1) - (2) The Government remains focused on delivering concessions to
our seniors. The Treasurer and I have committed that the State's pensioners and
seniors will not bear the costs arising from changes to Federal funding of
senior concessions. In a move to protect New South Wales pensioners and
seniors, the Government will contribute an additional $107 million towards
concessions for the 2014⁄15 financial year to cover the shortfall.
The Treasurer, the Hon. Andrew Constance MP, and I recently called on
the Federal Government to reinstate $450 million in funding over the next
four years that the Federal Budget has withdrawn from New South Wales by
terminating a National Partnership agreement.
This agreement had been in place since 1993, providing funding for
discounted public transport fares, cheaper energy and water bills, council
rates and vehicle registration.
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