"An economic forecaster is urging the Federal Government to 'cut hard and cut early' in next month's budget, targeting seniors, families and businesses."
I'll bet that the pollies don,t have to wait til they are 70 to get the pension.Qld pollies just got a $70000 pay rise while telling the doctors they are paid too much.Tax the poliies , not the pensioners. Bill
it says family homes above a certain value should be part of the assets test for the age pension and also supports changes to the indexation of the pension.
Mr Anthony says the cuts should be aimed at those who can most afford it.
"We're not talking about cutting programs, we're talking about better targeting," he said.
"So what we want to see, for example with the age pension, we want to see the needy receiving the age pension and we don't want to see people with their own resources receiving the benefit.
"What we'd suggest is that over time the means-testing arrangements include the family home."
Mr Anthony says he would also like to see the family tax benefit income test lowered, the Pharmaceutical Benefits Scheme to take a tougher approach with big drug companies, and a broadening of the GST.
-- Edited by elliemike on Monday 14th of April 2014 09:37:10 AM
A lot of pensioners have worked in Australia all their lives and paid their taxes - I think there are others in this society that should take cutbacks including the politicians.
Governments, both Labor and Liberal make unpopular changes early in their term, people have short memories, the pain will be for the most part forgotten by the time the next election rolls around.
Seniors and families are part of Australia and subject to the same budgetary restraints as the rest of us, if its time to tighten the belt so be it, just because we've retired doesn't exempt us from the process.
Don't worry about it, nothing we can do, after all people vote for these fools and you get what you vote for. Anyway it really doesn't matter what they do, nothing will fix the situation and you may not need a pension in the next couple of years as nature takes it vengeance against the destruction humans have and are causing. Then there's the small matter of the imminent collapse of the food chain driven by taking millions of tonnes a day of krill and other sea foods from the oceans daily. Nothing humans are doing is sustainable in the short term, not even for the next 5 years.
Just enjoy yourself and realise the centuries old political, economic and social systems we have don't fit in the 21st century and as no one or nothing will change. it's not rocket science to see the reality and the only outcome possible.
I am NOT commenting on this one at all, As it is bound to ''blow-up'' ?? and be closed down. ? But really ? the horse has not even been put in the stable yet ?? so we do not know if it will bolt at all ?? Lets all wait until Hockey makes the Budget statement ?? Then we will have an Idea, as to ''What'' if anything ?? we should comment on, This is a bit like Flight MA-370 ??? Plenty of Opinions ? Based on NO facts,
Like all pre-Budget days ... using the media to soften up the populace with 'horrific' leaks - so that when the actual Budget is brought down all will sigh "WHEW - it's not as bad as I feared"
They all do it ... irrespective of the colour of the Government.
As said, just wait for the night, and then see what actually happens. Remembering, it is normal for ALL first year budgets to be the 'horror budget' - so that in three years we have all forgotten how bad we thought it was.
Whichever way it goes, it is better than being dead
Cheers - John
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2006 Discovery 3 TDV6 SE Auto - 2008 23ft Golden Eagle Hunter Some people feel the rain - the others just get wet - Bob Dylan
Geez i love Australia. I'll bet a $1000.00 dollars no matter what Joe Hockey Tony Abbott or Bill Shorten or his mother in law do or say the sun will come up tomorrow and i will unlike some other poor buggas accross the water somewhere have toast and milk on my table.
I am NOT commenting on this one at all, As it is bound to ''blow-up'' ?? and be closed down. ? But really ? the horse has not even been put in the stable yet ?? so we do not know if it will bolt at all ?? Lets all wait until Hockey makes the Budget statement ?? Then we will have an Idea, as to ''What'' if anything ?? we should comment on, This is a bit like Flight MA-370 ??? Plenty of Opinions ? Based on NO facts,
The only thing I am going to comment on is, WHY??? IS IT SO DIFFICULT TO LOG ONTO THE "Grey nomads Australia " web site.
Each time I find I have to identify myself up to four times before logging on.
As far as I can see there is no log on needed for the grey nomads website and the forum only needs you to login if you want to post and then you only need to log in if you logged out last time you were on.
Only part of Joe Hockey's statements to date that concerns me is this one:
"He has also discussed the option of indexing the pension to inflation, which would be lower than the current link to male total average weekly earnings." (Which is linked to the CPI)
Meaning the increases we receive in March and September each year could be a lot less or zero if inflation does not increase...
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Retired Airline Pilot and Electrician..
I'm not old, I've just been young a long time....Ken
Since light travels faster than sound, some people appear bright until you hear them speak.
How bout the pollies give their payrise to the young unemployed, (who don't want to work), and that way we seniors who have worked all our lives, can recoup a little of our taxes..... in way of a pension...(before we are 70!!!)
Hi all, Thanks for your comments. As we've mentioned before, we do not encourage threads about politics. In our experience, political discussions tend to lead to bad feelings and we would like to keep our forum a friendly and welcoming place. I'm closing this thread down now.