Summary
Amends the: Social Security Act 1991 to: amend the residency requirements for the age pension and the disability support pension by changing certain timeframes which need to be met before claims will be deemed payable to eligible recipients; and increase the maximum liquid assets waiting period for youth allowance, austudy, newstart allowance and sick allowance from 13 weeks to 26 weeks; Social Security Act 1991 and Veterans’ Entitlements Act 1986 to cease payment of the pension supplement after six weeks temporary absence overseas and immediately for permanent departures; and A New Tax System (Family Assistance) Act 1999 to align the income test taper rates so that all income above the higher income free area is treated equally when calculating an individual’s rate of family tax benefit Part A.