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Post by Banker on Jun 8, 2012 9:42:48 GMT 7
Shadow treasurer Joe Hockey says there should be a debate about increasing the retirement age to 70. A report by the Grattan Institute think tank has called for the retirement age to be lifted to 70 in order to increase the numbers of older people in the workforce. It also wants the GST to be expanded to cover food, education and healthcare. Prime Minister Julia Gillard has ruled out lifting the retirement age and Opposition Leader Tony Abbott says he does not think it is worth talking about. "I'm not saying it's wrong but I don't think there should be any further lifting of the retirement age without full community debate, and I'm certainly not proposing that," Mr Abbott said. But Mr Hockey says the change should be on the table. "I think life expectancy is into the 80s and the pension age has only just changed in the last few years, so it's something we should have a proper debate about as part of an ageing population," he said. "It's something that we do need to have a community debate about because we are getting older [and] hopefully going to live longer. "When you look at France, which has a new Socialist president who's saying he's going to reduce the retirement age from 62 to 60, this is why Europe's in trouble and Australia progresses down the path of being able to sustain in a decent quality of life [for] an ageing population." Earlier this year, Mr Hockey used an address to policymakers in London to declare , calling for a revision of a number of social policies and payments. Ms Gillard says while the Government has already raised the retirement age, she does not support lifting the GST and will not be seeking to revisit the issues. au.news.yahoo.com/latest/a/-/latest/13902669/hockey-wants-debate-about-raising-retirement-age/
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Post by Banker on Jun 8, 2012 9:43:48 GMT 7
This Hockey is a DICK HEAD. ;D
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Post by latindancer on Jun 8, 2012 11:45:38 GMT 7
Showing his true colours. Let's hope his credibility drops as a result of this
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Post by zingzingzing on Jun 8, 2012 12:20:33 GMT 7
Banker, we all know the Coalition has full of DICKHEADS, but what else do you expect?
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Post by Deleted on Jun 8, 2012 15:25:40 GMT 7
Banker, we all know the Coalition has full of DICKHEADS, but what else do you expect? Its ok for him he can get his super anytime these politicians make up things as they go. Maybe his electorate might have something to say, did he ask them first. I think the answer would be No unless they are all Millionaire, then that will not make any difference to them. If they increase the Pension age there will be more people unemployed as there will be less jobs available. Its a savage circle with a no win situation for anyone.
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Post by Banker on Jun 8, 2012 15:35:57 GMT 7
Hockey has been rushed into hospital for surgery.
To have his foot removed from his mouth ;D
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Post by Deleted on Jun 8, 2012 19:59:10 GMT 7
Hockey has been rushed into hospital for surgery. To have his foot removed from his mouth ;D He always is doing that
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Post by Banker on Jun 9, 2012 3:35:59 GMT 7
Pension Age Debate MisguidedSYDNEY 8 June 2012. SYDNEY 8 June 2012. "CPSA is concerned with ill-advised recommendations made by the Grattan Institute, calling for a further rise to the pension age", said CPSA Policy/Research Officer, Amelia Christie. (More than 90 per cent of people who go on a full rate Age Pension move off another Centrelink payment.) "People going on a part pension tend to have retired on superannuation way before they turn 65. The trick is to give people an incentive not to use their superannuation before they reach pension age. "Increasing the Age Pension age disadvantages those who are least able to manage the change such as low income manual workers, people with low levels of superannuation, poor health or low employment prospects. "A floating pension age, in which lower life expectancies and people’s capacity to continue working full time are taken into account is a more viable option. "In France, the pension age was recently reduced back to 60 for people who have spent 40 years or more in strenuous manual jobs recognising that they were disadvantaged by the age increase", said CPSA Research/Policy Officer, Amelia Christie. CPSA represents pensioners of all ages, superannuants and low-income retirees. CPSA has 137 Branches and Affiliated Organisations, with a combined membership of 30,000 people. www.international.to/index.php?option=com_content&view=article&id=6118:pension-age-debate-misguided&catid=80:politics&Itemid=120
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Post by howdo on Jun 9, 2012 6:04:01 GMT 7
Both parties are actively doing everything they can to get out of paying the old age pension. They are hoping that large numbers of people who would get their pension at 65 but have to wait till 70, will die along the way. The comparison with France is an embarrassment to Australia, but it wont care about that, as it doesn't care about several human rights issues it is at fault with.
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Post by Banjo on Jun 9, 2012 8:22:11 GMT 7
It's total panic mode, the huge section of the population born in the late '40s/'50s... the baby boomers... are heading for retirement and want to know what happened to the taxes they have paid over the years for their pensions. I paid huge tax over the years and we now deal with governments elected on promises of tax cuts who are beginning to realise they have no money for pensions... or eduction... or health.... only money to be wasted on politicians perks and places like Afghanistan.
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Post by Deleted on Jun 9, 2012 9:24:14 GMT 7
It's total panic mode, the huge section of the population born in the late '40s/'50s... the baby boomers... are heading for retirement and want to know what happened to the taxes they have paid over the years for their pensions. I paid huge tax over the years and we now deal with governments elected on promises of tax cuts who are beginning to realise they have no money for pensions... or eduction... or health.... only money to be wasted on politicians perks and places like Afghanistan. If my memorie serves me right, i could be wrong. It all goes back to the Liberal party who were in power for so long back to the Menzies Error. I came originally from the UK. I remember my dad having to pay out of his pay some stamps which were for his retirement, Superannuation. Now why did this not happen 50 to 60 years ago, If this had been used as in other countries people would not be getting pensions but would have there good superannuation and could live anywhere they could live anywhere they wanted. Maybe we could ask Joe Hockey why this had not been implemented. I wonder what would have been his errrr Answer. Just my 2 pennies worth.
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Post by Banker on Jun 9, 2012 9:27:52 GMT 7
I see this morning where Bob Carr has promised 20 Million Dollars to Burma for education..........WTF
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Post by Banjo on Jun 9, 2012 10:27:21 GMT 7
It's total panic mode, the huge section of the population born in the late '40s/'50s... the baby boomers... are heading for retirement and want to know what happened to the taxes they have paid over the years for their pensions. I paid huge tax over the years and we now deal with governments elected on promises of tax cuts who are beginning to realise they have no money for pensions... or eduction... or health.... only money to be wasted on politicians perks and places like Afghanistan. If my memorie serves me right, i could be wrong. It all goes back to the Liberal party who were in power for so long back to the Menzies Error. I came originally from the UK. I remember my dad having to pay out of his pay some stamps which were for his retirement, Superannuation. Now why did this not happen 50 to 60 years ago, If this had been used as in other countries people would not be getting pensions but would have there good superannuation and could live anywhere they could live anywhere they wanted. Maybe we could ask Joe Hockey why this had not been implemented. I wonder what would have been his errrr Answer. Just my 2 pennies worth. I think this will have to come about, there is already a work employer contributing super scheme in process, when I finished work it was about 3% but it's gone up now, this will have to be increased with employees paying into it as well. (I hate to say it but something like the politicians super scheme.)
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