21st Feb 2019
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The older Australians who are doing it tough
Author: Janelle Ward

One group of older Australians should be much more worried than the rest when it comes to funding their retirement, according to research.

The Centre of Excellence of Population Ageing Research (CEPAR) reports that most Australians “do well out of our retirement income system and that the living standard of retirees has improved over the past decade”.

Rafal Chomik, senior research fellow at CEPAR, recently wrote in The Conversation that our system ranks highly in international terms.

“About 60 per cent of older Australians can afford a lifestyle better than that deemed to be ‘modest’ by widely used standards,” he says.

“Households headed by Baby Boomers reaching retirement age between 2006 and 2016 did so with incomes 45 per cent higher than those who retired a decade earlier.”

The CEPAR research claims that ‘typical’ retired Baby Boomers households earn only 20 per cent less than when they were working. And their spending requirements are lower.

“Lower spending in retirement is common because older households need to pay less for transport, less for working clothes, and have more time to cook,” says Mr Chomik. “And they tend to spend less over time, rather than more over time as benchmarks publicised by the superannuation industry assume.”

CEPAR research concludes that because about 80 per cent of retirees own their own home, older Australians live in poverty at about the same rate as working-age Australians.

But not renters. And especially not single renters.

The living standards of those who rent in retirement were very different, says Mr Chomik, with only about 15 per cent of older renters able to afford a lifestyle better than ‘modest’.

“Among all older people, only about 10 per cent fall below the poverty line set at half the median income. Among older Australians who rent, 40 per cent fall below. Among older Australians who rent alone, it’s more than 60 per cent.”

In YourLifeChoices’ 2018 Retirement Matters Survey, 47.6 per cent of 5748 respondents said they were on a full or part Age Pension. But for those receiving rental assistance, the most recent increase, on 20 September 2018, was $1 per fortnight or 50 cents a week.

Rental assistance climbs only in line with the consumer price index (CPI) every six months, and struggles to keep pace with rents. Sydney rents, for instance, have doubled over the past two decades while the CPI climbed 68 per cent.

Research by the Australian National University’s Centre for Social Research and Methods analysed five government payments to assess how they could be restructured to reduce the poverty gap. It concluded that Newstart should increase by $270 per fortnight, the Age Pension by $11 per fortnight and rent assistance by about $10 per fortnight.

“Rental assistance is less effective in reducing financial stress than it was when it was introduced, and is set to become even less effective if rents continue to climb more quickly than the price index,” says Mr Chomik.

With fewer Australians retiring as homeowners, rental assistance is a hot potato.

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    COMMENTS

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    21st Feb 2019
    11:31am
    Yep retirees today have never had it so good.
    And things will only get better for the next generations of retirees
    Lucky country indeed
    Triss
    21st Feb 2019
    11:44am
    For retirees who are cushioned with a government/parliamentary pension I would agree with you, Lothario.
    thommo
    21st Feb 2019
    12:59pm
    You are a LNP stooge and a nuisance...
    jackie
    21st Feb 2019
    1:01pm
    Crooks have never had it so good in this country. Corrupt Governments changed laws and opened many legal loopholes for crooks to stop paying tax and get richer.

    Honest people always had it tough and always will. The pension and all social security will be eradicated by this Government. They will bleed this country dry while it gets sold off under our noses.
    MICK
    21st Feb 2019
    3:18pm
    Spot on jackie.
    Of course what one of our LNP sponsored trolls fails to ever address is the ongoing attacks on the income of retirees by HIS employer. The family home will be the next one if this lot get back in.
    MICK
    21st Feb 2019
    3:24pm
    Oh yes......Lothario is the using the same avatar as FormerLaborVoter.

    Genuine posters note: my accusation that the government was funding trolls on this website appear to be well founded. Not only do you get the same type of comments (vile devoid of facts mudslinging comments) but now the same avatar.
    This is simply not good enough. YLC needs to vet users according to IP address or by some other means to stop trolling. Enough!!!!
    jackie
    21st Feb 2019
    5:29pm
    MICK...No one is safe in Australia because they own their own home...Corrupt councils will keep on increasing the rates and insurance companies will too. Then if some mining company wants to use the land they are free to do as they please wether you like it or not. If the Government want you to go for infrastructure development it will shove you off and pay you less than what its worth....The only people doing well are crooks...the same people that vote LNP. Birds of a feather stick together....Lothario is a shit stirring Liberal. Time will catch up with the lot of them. I would love to see the day when they all end up behind bars.
    inextratime
    22nd Feb 2019
    1:01am
    Your problem is Lothario is that your opinions are based on extreme right wing ideology that leaves no room for variation on subjects that are as broad as an elephants hide. There's no grey just black and white. You obviously haven't travelled around the poorer suburbs of Sydney, which would blow your 'well off' argument to pieces. I don't class myself as in the poverty zone but I've seen enough examples to know that it exists and its not rare. Who cares what the reasons are that people find themselves living under the poverty level. There's a multitude of reasons and many not the fault of any particular person. It just goes to show how social attitudes and humility are diminishing when people deny that poverty among older people exists based on their own fortunate circumstances.
    inextratime
    22nd Feb 2019
    1:01am
    Your problem is Lothario is that your opinions are based on extreme right wing ideology that leaves no room for variation on subjects that are as broad as an elephants hide. There's no grey just black and white. You obviously haven't travelled around the poorer suburbs of Sydney, which would blow your 'well off' argument to pieces. I don't class myself as in the poverty zone but I've seen enough examples to know that it exists and its not rare. Who cares what the reasons are that people find themselves living under the poverty level. There's a multitude of reasons and many not the fault of any particular person. It just goes to show how social attitudes and humility are diminishing when people deny that poverty among older people exists based on their own fortunate circumstances.
    Paddington
    22nd Feb 2019
    9:29am
    Lothario, read the article again. Retirees without a home are not travelling well. People who have to pay rent especially single pensioners are not well off.
    They are not griping about shares because they don’t have any.
    Many are becoming homeless which would be so scary when you are frail.
    Adrianus
    24th Feb 2019
    10:28am
    I agree Paddington. They should be griping about anything which raises the cost of household consumables and rents.
    Adrianus
    24th Feb 2019
    10:28am
    I agree Paddington. They should be griping about anything which raises the cost of household consumables and rents.
    JoJozep
    21st Feb 2019
    11:53am
    Lothario, which rock were you hiding under? Here is the real truth of how Retirees never had it so good, or is it the case just a few cheating weasels that have worked the system having a good time?.

    The greed of the present government in clawing back every cent from pensioners/retirees knows no bounds. I'll give my personal experience in a moment. First, let's see where the Morrison Coalition wants to spend money. Luckily, the big end of town 's popularity has been trashed and taxpayers will not be forced to pay for the rich and well-heeled "business people who do FA to enrich the economy but rape and plunder the environment.

    So what sounds good? Here is the government spiel.- Yes, the yellow hordes are upon us and will invade soon. Yes, Islamic State will conquer the world and contaminate Australia. Yes, the Ruskies are planning world domination, as if the present population doesn't already control a land mass 4-5 times the size of Australia, Yes, there must be other enemies not yet identified but we must be prepared for.

    Our response (politically a safe and vote winner and misunderstood reaction), bolster our fighting forces and call it defence spending exercise. What a joke! Our perceived enemies must be laughing their pants off. Let's rip $50 billion (conservative) from pensioners retirement income to buy 10-12 conventional submarine future rust buckets that if we're lucky could sink half a dozen fishing boats, coming to our shores. If you spread these along our coastline, they will be so far apart, we might lose a few accidentally, and that's in peacetime, let alone wartime.

    Totally inadequate for our defence you might ask, your right, so let's rip off more money from taxpayers and buy 100 or so F-35 jet fighters, so badly designed, only a few have been able to take off without crashing, at 35-40 million each that's another cool 4 billion plus. What, you say, pay for planes still on the drawing boards? Why not it's for our defence, Also let's build infrastructure, and connect two donkey regional towns with 4 lane road links, so a few farmers can get their produce to market 1/2 an hour quicker., But, But, you ask again in disbelief, won't that get political votes for the country/national party?.

    What happens with flood mitigation? What are we doing about climate change? What are we doing to mitigate bushfires? No votes so no plans. What are we doing with all these Royal Commissions? No votes so no action. But they buy the Government time. I can name five Commissions currently underway. So what does the present government do about those that have made recommendations? You guessed it - nothing. In fact, missing valuable parliamentary sittings days, paid for by the taxpayers is a crime of stealing money and yes, ScoMo is a white-collar criminal as a result.

    Here's how the government weasels its way along to make brash promises that win votes and how it funds them.

    If you have scrimped and saved all your life, worked two jobs, with wife working two jobs as well as bring up three kids and putting them through college, then university, saved like the earth will cease, paid off the mortgages as soon as possible paid four lots of taxes for the best part of thirty years, then at the end you would have enough savings for retirement. Or so you hope. The reality bites. The part pitiful pension was scrapped by that lying, Teflon coated ScoMo, who like Trump, blames everyone except himself for the country going south big time. Why do I call him a conniving liar? Because I’ve seen him deflect unpleasant questions and will never answer a question where he or his government have stuffed up, or trumps up the old question of asylum seekers causing all this misery, and after 5 years in detention, wonders why male only dominated prisoners rebel or simply go mad. The majority have done nothing except seek a better life from oppression and brutality. Yes, they have jumped the queue in some cases, not understanding, that had they been able to afford plane travel, they could have been processed and in Australia legitimately in 6 months. What a joke Mutton head, your maker will reserve a special place for you (perhaps on Manus Island) when your time comes. By the way, I have worked on Manus Island in the ’60s, and the island is beautiful to look at on a postcard, but to live there, no way. You cannot wear heavy clothing because of the 98% humidity and heat, but if you don’t, mosquitoes, swamp flies, sand flies, cane toads, lizards, snakes, and other flesh eating bugs as well as malaria, dengue fever etc., will soon change your mind the place is idyllic. Back to the real world:-

    The wife finishes work at age 71. Fit and healthy up to this point, but within 2 years her healthy is so poor she needs constant 24 hour care and attention. The only solution is an Aged Care Home. Found one that provides decent care and has reasonable surroundings and attitude after a short but horrible experience with a “cheaper” place. At this point, my head is spinning as our whole life is changing rapidly from stability to ever increasing worries with payments. She is totally disabled now but is not covered by disability insurance I was told. She’s too old at 74.

    You would think the government would be helpful after cutting our part pension. Our outflow towards the Aged care Home is extreme, I mean $7,774 per month, more than triple our income per month, and guess what- the government deems us to be well off and charges $2,600 per month included in the above figure or more than 1/3 the cost. Why? We get nothing from the government, we pay little taxes, but we earn bugger all. All this money is coming out of hard won after tax savings we fought tooth and nail for. And you think that’s fair Mr. ScoMo. Where are our millions we paid in taxes over our working life Mr. ScoMo?, I hope it’s not another jet plane or useless submarine. Can’t wait for the elections to boot this scum out of existence.
    Anonymous
    21st Feb 2019
    12:12pm
    The facts don’t lie - it’s all there in the CEPAR report

    We now have record employment , economy going swimmingly , share market bloating retirees and future retirees super , housing affordability improving all the time

    I’ve read your previous posts JoJo - you’re always anti this government . Your posts are biased and politically motivated

    If you and your wife worked 2jobs and saved you must be a millionaire a few times over .
    jackie
    21st Feb 2019
    2:14pm
    JoJozep...Even if you have worked all your life and paid taxes that is never enough for this Government. They want you to keep paying till you drop. Just because you own your own home that still gives them the rights to do as they please with it too. We are all slaves to this evil system that's run by people that pretend to be Christian. The lot are satanists. Actions speak volumes.
    Sundays
    21st Feb 2019
    3:17pm
    You make a lot sense JoJozep. I hope the Royal Commission into Banking looks into the funding and costs. Is there some way your situation can be reviewed now that your income has been reduced and swindled. I hate the way this Government has not focused on the important things
    Sundays
    21st Feb 2019
    5:30pm
    So sorry, I meant the Royal Commission into Aged Care. The costs, the rip offs and the standard of care
    jackie
    21st Feb 2019
    5:33pm
    JoJozep...Have a look at keeping the wife at home with assisted home care. Prisoners get treated better than people in nursing homes. What is on paper is never in reality.
    Adrianus
    24th Feb 2019
    9:37am
    "They want you to keep paying till you drop. Just because you own your own home that still gives them the rights to do as they please with it too." - Jackie

    Jackie, many people agree with you and that is why they will do everything in their power to make sure Labor don't win this upcoming election.
    Adrianus
    24th Feb 2019
    9:37am
    "They want you to keep paying till you drop. Just because you own your own home that still gives them the rights to do as they please with it too." - Jackie

    Jackie, many people agree with you and that is why they will do everything in their power to make sure Labor don't win this upcoming election.
    Misty
    19th Mar 2019
    6:39pm
    I don't know how you come to that conclusion Adrianus, that is not what people agreeing with Jackie mean at all,what they mean is if the Coalition get in again things will go from bad to worse.
    floss
    21st Feb 2019
    12:03pm
    The retirees not doing so well were the ones that were attacked by Joe Hockey and never forget it.
    thommo
    21st Feb 2019
    1:03pm
    Very true floss. and they got into government in 2013 on the worst lies and broken promises, but we won't forget this LNP government when it comes to vote at the coming election.. I'll have a bat in each hand....
    But it's not just age pensioners who are worse off under this government...it is also the unemployed and those on the lower rungs of the ladder...This government doesn't care about them, only the leaners like Hockey, Abbott, Cormann et al, who look after the top end of town...This government could fund a respectable and generous universal age pension if they enforced the correct taxes from the rich and the big end of town...
    Rae
    21st Feb 2019
    2:37pm
    Hockey and Cormann should be made to resign and lose their entitlements for corruption over that travel company. Any other public servants who did that would lose their job and super benefits.
    Anonymous
    21st Feb 2019
    2:53pm
    Labor musslinging Rae
    Award of the contract was in line with government procurement policy and completely transparent
    Sundays
    21st Feb 2019
    3:24pm
    Rae, Michaelia Cash should also go. No ordinary member of the Public would get away with not providing a Statement to the AFP. Scott Morrison just shows himself to be weak in not addressing these issues.
    Rae
    21st Feb 2019
    4:49pm
    No Hockey didn't declare his shareholding until after the contracts were signed. There were special meetings and collusions. They should both resign. I'll celebrate with a very nice champagne if those two fall on the sword. I might even have a cigar haha.

    Remembering them celebrating stuffing up retirees still makes me angry.

    Yes Michaela should go and that Price woman responsible for all sorts of Environmental destruction as Minister.
    Adrianus
    24th Feb 2019
    9:40am
    Yes Rae, lets swap them all for the union bosses.
    Adrianus
    24th Feb 2019
    9:40am
    Yes Rae, lets swap them all for the union bosses.
    Misty
    19th Mar 2019
    6:42pm
    Rubbish Adrianus, more right wing BS from you as usual which no one believes anymore, the unions do not have the sway over Labor they once might have had.
    floss
    21st Feb 2019
    12:08pm
    JoJozep some statement and correct in many ways.Yes this government are a bunch of criminals for what they have done to this country.

    21st Feb 2019
    12:08pm
    The CEPAR research is fair and o kefirvr and reflects the true position of reiteee in Australia
    The postings of a few who whinge and complain on this site does not reflect reality
    Facts don’t lie
    Triss
    21st Feb 2019
    1:21pm
    Oh yes they do. In the correct/corrupt hands a bunch of facts can be manipulated, reframed and dished up as honest truth. Think of the banks, catholic priests and campaigning politicians.
    jackie
    21st Feb 2019
    1:55pm
    The problem is surveys can be misleading and none are 100% percent accurate. We are constantly being lied to by a corrupt Governing system that’s entwined with Corporations. We are all treated like livestock and prodded with fear mongering, division and diversion. This survey is just another diversion to convince the masses all is well. The Government wants to subdue the masses into a false sense of security so that they can get re-elected. It’s pathetic that you are sucked in by it all. Wake up!
    Rae
    21st Feb 2019
    2:39pm
    You go ahead and buy their income stream new products. No. Thought not. Maybe a reverse mortgage or sign up for one of the loan schemes? No!
    Anonymous
    21st Feb 2019
    2:56pm
    Don’t need it
    Jim
    21st Feb 2019
    12:09pm
    No two cases are the same, so obviously the solutions can’t be the same, for instance to say Newstart should increase by $270 is ridiculous and pensions should only increase by $11 is equally ridiculous, eg I have 4 uni students living next door sharing the $450 a week rent, they have a pretty good life and manage just fine, if they got a $270 per fortnight increase, an increase of $1080 between them per fn $2160 per month almost $26000 per year, which is close enough to double what a pensioner gets, I know these are a set number for the people concerned and it’s certainly not necessarily the normal, and that is why I state the situations for most are different, when I was a volunteer with community transport, I had a lady working with me as a carer, she was single and things had never been good for her coming from an abusive situation, although she never once complained, she was out there 2 or 3 times a week helping people less fortunate than herself, which must have been hard to imagine, I recall her telling me she got a rise in the pension of about $9 per fn her rent immediately rose by about $6 per fn leaving her with an extra $3 as most things had risen the $3 soon disappeared, these are two different scenarios I don’t know how typical these situations are, but it’s obvious we need to treat each case on it’s merits.
    JoJozep
    21st Feb 2019
    12:19pm
    HI JIm,

    I notice the intent of your reply is to state no two cases are the same. I agree, but if a large number fall into our position, through no fault of our own, we get nothing yes absolutely nothing, zilch zero, from the Government.

    You wouldn't consider we are entitled to something, even a postcard from the Queen or a Christmas card would do, to thank us for the millions we poured into the economy over 54 years? (The cards would help our combustion heater in winter)
    Jim
    21st Feb 2019
    1:15pm
    I don’t know how many people fall into each of the two examples I have given, and it’s a terrible shame what has happened to yourself and your wife, and you should at least be compensated for all your hard work, especially with disability availability, not everything can be blamed on the current government, the example I showed above for the single pensioner was during the term of the previous Labor government, I don’t think governments of either persuasion do a particularly good job regarding pensioners, Newstart or disability needs, hopefully the NDIS will address some of the issues, the basis of my comments are that there will never be a one size fits all, some people have been fortuanate and live very well on the pension, and I know people who have survived very well all their live on welfare, other people have worked hard all their lives and often through no fault of their own end up on struggle st, I don’t have the answers, other than treating everyone according to individual circumstances, those could include health, rental affordability, maybe individuals contribution throughout their lives, how they ended up disadvantaged, unfortunately it all becomes complex. I sincerely hope that you can get some help with your situation it sounds very much like you deserve it.
    Old Man
    21st Feb 2019
    12:34pm
    “Among all older people, only about 10 per cent fall below the poverty line set at half the median income. Among older Australians who rent, 40 per cent fall below. Among older Australians who rent alone, it’s more than 60 per cent.”

    To quote whoever said it, there are lies, damned lies and statistics. While 60% is a very high number, one has to ask what is it 60% of. The number of single renters hasn't been given although I'm sure that the oversight wasn't deliberate. The latest figures are that just over 300,000 individuals and families receive rental assistance but I can't find a breakdown of this into couples and single recipients.

    When this figure is compared with the 3,600,000 retirees in Australia we can get a percentage of about 8.3% who are renters (both couples and single) who receive rental assistance, a far cry from the trumpeted 60%. I hasten to add that the figure of 60% is probably factual but taken out of context.

    I'm not trying to belittle those renters caught up in this unfortunate position, merely trying to make sense of the figures quoted. The reason that retirees are still renting can be many and varied and can include marriage breakdown, illness, bad financial decisions or too much spending along the way and not enough saving.
    MICK
    21st Feb 2019
    5:33pm
    Who's CEPAR? Anything to do with right wing think tanks like Grattan? Never heard of CEPAR before today.

    I stopped reading when I got to the bit:

    "Households headed by Baby Boomers reaching retirement age between 2006 and 2016 did so with incomes 45 per cent higher than those who retired a decade earlier.”
    The CEPAR research claims that ‘typical’ retired Baby Boomers households earn only 20 per cent less than when they were working. And their spending requirements are lower.

    This is BS. Very few retirees I have ever spoken to earn only 20% less than when they were working and boomers SPEND MORE if they have the means, which many do not.

    The only 'research' I'd be willing to take as legit on this issue is from the Bureau of Statistics as I distrust the political debate trying to turn black into white through their third party think tanks.
    Not saying this is the case. Just saying this is the game.

    Just did a bit of research. CEPAR is funded by ARC and ARC is dictated to by the current government which rejects projects which are left leaning. By implication there is likely pressure on the Board of ARC to run right wing research and reject anything which does not run this script. Check out the link:

    https://www.themonthly.com.au/monthly-essays-gideon-haigh-nelson-touch-research-funding-new-censorship-214

    I don't seek to politicise this OM as I know who you work for but I see the threads of the right wing cancer having taken charge of ARC and then its effective subsidiary CEPAR.
    As I said above I cannot take anything which comes along a 'fact' as being other than the next bit of propaganda. Sickening that the right cancer pervades our society. We really do need a French Revolution of sorts to cleanse our society of this dangerous behaviour.

    Yes I know what your reaction will be. The right always comes back when it is questioned. Cheers.
    Anonymous
    21st Feb 2019
    5:38pm
    Oh crap Mick
    Research is based on recognized and accepted scientific methodology
    Just beciasue you don’t like the outcome of the research you can’t dismiss its findings
    That’s just immature and silly
    MICK
    22nd Feb 2019
    10:39am
    You should not be permitted to post under different name Lothario. YLC needs to stop this.

    Go to the link and READ, if you know how, the article.
    I heard on the news this morning that the CURRENT government, your employer, is disgracefully putting its cronies into ever public office and position of responsibility. It was denounced for that but I have been writing along those lines for a couple of years.
    This started with Abbott and YOU are a part of the propaganda machine. One might be concerned that the current government is trying to copy the Chinese model.

    You are a disgrace. Post your BS. Nobody other than your work colleagues are listening.
    see all.Maryakate
    21st Feb 2019
    12:58pm
    I find that many so called pensioners, when leaving the workforce with a nice nest egg, go all out to reduce their own pot and then ask a pot from the Government. Read the Money pages of the Herald, where wealthy people try and milk the system so they can arrange their affairs so to get a pension and a health care card. These same wealthy older people now ask us to continue their welfare payment called franking credit refund.
    The ones who are a true pensioner, who through no fault of their own need to rely on a welfare payment. They only ask for sufficient money to pay their rent and for shelter and food. There are different types of 'aged pensioners'.
    Jim
    21st Feb 2019
    1:33pm
    Franking credits are tax that an investor has had withheld from their dividend, it’s amazing how well envy politics work, setting one group against another, Pensions are not welfare they are a return on a lifetime of paying into the system, although some have paid more than others and get less back, the reasons are many and varied, some are the fault of the individual, I suspect most are through no fault of individuals but bad luck, single women coming out of abusive situations, men coming out of unfair divorce situations and no doubt a multitude of other reasons. The article is specifically about the needed increase amounts for pensioners and Newstart recipients, as I have previously commented no two set of circumstances are the same, so no two solutions will work. So my final comment is I agree with your last paragraph, everyone no matter what their circumstances are entitled to live with some dignity.
    Sundays
    21st Feb 2019
    3:33pm
    Yes see all. But those same people will justify it by saying they earned a part pension with all the tax they paid, and they probably have. others will vilify full pensioners by insisting that they must have spent all their money on cigarettes, alcohol and gambling and why should they get something for nothing. A Unversal pension would stop all this judgement because it is a very unfair system.
    Paddington
    22nd Feb 2019
    9:41am
    There are some people who wrought th system.
    You can even go to Centrelink and they will help you keep your pension by advising you spend money on a new caravan or spending money on your home. We know people like that. They even got the partner allowance for many years because the wife was 12 years younger. They update their cars, one each.
    That is one category.
    However, there are people who retire who have struggled to pay off a home but have no other money resources. They have an old car and one only not one each. Their home is modest. They are not undeserving nor should have to defend their right to a pension.
    The third group, the neediest of all, is the one who could not manage to acquire a home and the poorest is the single pensioner. We should be doing more for this last group by way of senior accommodation.
    Nascar.
    21st Feb 2019
    2:29pm
    Oi HarLot, OFF WITH THE SHADES.
    Reagan
    24th Feb 2019
    10:52am
    HA HA HA GOOD ONE!!

    21st Feb 2019
    2:37pm
    I am a sfr and doing ok at the moment with an income just a little better than the pension.
    I dont get the discounts that pensioners get on rates electricity licences registration ect.
    If union Bill gets in and implements the policies he talking about i will be worse of than pensioners but at least i will be able to qualify for the pension and keep my franking credits and the little bit of super i have may be safe from union Bill
    Anonymous
    21st Feb 2019
    2:51pm
    Make sure you spend down before the cut off to maintain your franking credits while taking the welfare payments .
    Otherwise Shitten and Bowels will shaft you
    see all.Maryakate
    21st Feb 2019
    5:36pm
    I can see Fair Dincum (and we know who is Fair Dincum)but if you are one of the sfr's and pay no tax, then want a rebate, how does that work? But there are plenty who want something other than their entitlements. I suggest if you have so much tied up in shares, you should use your own money first. Tax free and a franking credit? Can't keep eggs and eat them too!
    Extra money can be used to better fund Hospitals and Medicare, as LNP would prefer to give tax free to businesses. (And maybe could get a holiday or something in return).
    Misty
    26th Feb 2019
    9:30am
    What gutter talk Lothario, you should know better at your age.
    moke
    21st Feb 2019
    3:25pm
    I wonder why every one seems to think that retirees have Super, I worked all my life but unfortunately until the last position I had working with the unemployed I had no super(that was so short a time it gave me about $350 so even a full pension does very little to give one a passable life style
    Misty
    19th Mar 2019
    6:46pm
    How come you had no super moke, super has been compulsory for years now.
    musicveg
    21st Feb 2019
    3:25pm
    Rent assistance increase of $10 per fortnight is way too low. My rent goes up every year, this year it went up $10 per week. There are fewer and fewer low rent places to rent and homelessness is on the rise, we need more Government housing and more incentives for investors to have low income rent properties, investors are buying up old housing and renovating for big profit or renting it out for holiday rental or Airbnb.
    Rae
    22nd Feb 2019
    8:13am
    There would be lower rents if rates, body corporate, insurance and maintenance and water were lower. Yields are around 2% now so it's not really a viable investment to hold rental property with falling prices.

    We do need more public housing but unfortunately you'll never get it in the most desirable areas. These are also the most expensive places to hold property and the places with low vacancy rates.
    musicveg
    22nd Feb 2019
    3:14pm
    Another rort the rising prices of local government is not helping matters, oh but wait we are getting a new skate park for a small minority, high retirees in my area but the few kids (I never see after school all stuck on their devices) are getting a skate park, at the cost of $1.3 million (650,000 state government grant, and 650,000 by local council). Apparently it is going to bring tourists into town to help the (not struggling) businesses.
    Rae
    23rd Feb 2019
    7:30am
    Yes there is a shortage of good ideas and plans. Stuck in the skate park thing. It is unfortunate the Councillors can't get a few young people to help with decision making.

    Kids might congregate in areas designed for device use. Share parks are a tad 1980s now.

    It is getting much more expensive to hold property now. It's the deflation of incomes combined with rising fixed costs. Several Councils are now asking for extra rate rises.

    Water infrastructure is incredibly expensive as well now.
    musicveg
    23rd Feb 2019
    3:12pm
    Councils are just raking it in and making excuses, they outsource all their work, take the cheapest tender, who does not even do the job properly, I see it all the time, work half done. The skate park location was chosen because it was close to shops and away far enough away from housing and they plan to run tournaments. The local business council are the ones pushing for it, not the locals. Our area is already crowded every weekend and we don't need more events but they keep on making more, used to be a quiet fishing village, a place to relax and retiree's moved in away from the city, but now young families are moving in too, more schools are being built, the building industry is thriving here.
    Spud
    21st Feb 2019
    3:45pm
    You never vote in the opposition,you voteou5 the government.
    Paddington
    21st Feb 2019
    6:00pm
    Build more affordable housing with seniors in mind. Loneliness would be another issue for sole senior renters. That could be addressed at the same time.
    We have relatives renting but they are couples which seems a little easier.
    In the future, more elderly people will have no home to fall back on so it seems logical to start building appropriate accommodation to deal with this obvious situation ahead.
    We managed to pay off a home so we are lucky in that regard but others, through no fault of their own, have not managed that. It is going to get worse with house prices out of the reach of many younger people.
    Paddington
    22nd Feb 2019
    9:23am
    Also, I have been told by some people that they will use their super to buy a home on retirement which will have repercussions because they will be left with no money in that case to fund or partly fund their retirement.
    Rae
    23rd Feb 2019
    7:34am
    This was always going to be a problem when you lock up savings for decades and create income deflation to support business only.
    ardnher
    21st Feb 2019
    6:38pm
    According to Dr Brian Fisher under Labor get ready for 50% increase in electricity in the years to come.


    recently found out that 72BILLION has been spent over the last 10 yeras on renewales and all we have for it is higher prices and less reliable power. I think it was 18 coal fired power station have now been closed down.

    Yep, interesting time ahead if Labor get into power with their high target of 50% renewable target!

    https://www.miragenews.com/economic-modelling-of-emissions-reduction-targets-raises-concerns/
    musicveg
    21st Feb 2019
    6:46pm
    Rubbish, stop trolling fake news.
    Anonymous
    21st Feb 2019
    7:01pm
    oh musicveg - just because you don't want to hear it, doesn't make it fake news
    Is your middle name Trump ?
    ardnher
    21st Feb 2019
    7:01pm
    It is NOT fake news at all!
    musicveg
    21st Feb 2019
    7:17pm
    Renewable's are bringing prices down, you are just spreading false news to support your coal, gas and oil shares. I despise the greedy and selfish Trump, I am looking forward to Americans waking up and voting Bernie Sanders in.
    There are some links I could post that talks about renewable energy contributing to price reduction of electricity cost, but I know the Lib trolls won't read it so why bother.
    Rae
    22nd Feb 2019
    8:17am
    How much is the Planet and the future worth? 72 billion or is it priceless.

    How many billions have the LNP given to their mates for nothing much? More than 7 billion a year I suspect if you added up all the subsidies and contracts and gifts.
    Adrianus
    24th Feb 2019
    10:23am
    How much?
    The inconvenient truth had a budget of $1.5M and raked in $50M at the box office.

    Al Gore has become very wealthy from his solar panel business saving the planet.

    A highly motivated Al Gore flew to Australia to have breakfast with Clive Palmer, and to discuss the Labor/Greens/Unions $10B Green Fund, which Tony Abbott wanted to use to improve the lives of Australian Citizens.
    see all.Maryakate
    24th Feb 2019
    2:38pm
    There are certainly some who don't want to understand anything but their own narrow viewpoints, or pick on something they don't really understand and then put out their own interpretation which is now called fake news. Sounds like this report is something from Mr. Empirical Evidence.
    In S.A. under the Labor Government wind and solar has enabled them to sell power to Victoria and NSW., but listen to the LNP when they spread lies like 'when the State was blacked out because of Labor's incompetence.' Not that it was caused by wind knocking down the transformers in gale force winds. But when you keep telling a lie, in your mind it becomes truth. Try looking at the big picture. Electricity will be more expensive and cause more damage to the environment by LNP. Even the Coal Companies see the writing on the wall and taking coal from the earth is the terrorist of the environment.
    see all.Maryakate
    21st Feb 2019
    8:06pm
    Just reading through these comments and grabbed on another point, where lucrative contracts are being awarded to crooks and off shore companies masquerading as living or working from a shack down a sandy track to a beach shack. All above board says the LNP. Then there is the lovely handout from Mal to a charity cum business to save the Barrier Reef. One thing they didn't ask for it and had to way to provide an expert action. People when they tender should have references, money to provide a bond and have no criminal record. We, have paid out on dodgy Certificate of technical courses, we have paid out on dodgy providers of Kindergartens and Childcare, we have paid out on security for prisons, we have paid out again on numerous dubious providers while the LNP sweep them under the carpet, and blame someone else. Now I won't start on deals for mates or for themselves when they leave parliament. Helloworld!
    Anonymous
    21st Feb 2019
    8:17pm
    Don’t forget Kevin Rudd’s wife and her multi million dollar gonernment deal
    Ingeus - Theresa - Gonski
    What a wicked web
    Juliar and her partners AMU embezzlement affair
    Keating and his Indonesian pig farm
    The list goes on
    Rae
    22nd Feb 2019
    8:24am
    It certainly does Former and those found guilty should be heftily fined and gaoled if warranted. We'd be better off with them all off the streets, out of meetings and forbidden to sign anything on our behalf.

    There certainly is a need to discourage the grifting many seem to indulge in in all the Parties. Like kids in a candy store all those billions goes to their heads and there doesn't appear to be anyone in charge to stop this behaviour.
    Misty
    26th Feb 2019
    9:34am
    Ok Lothario and you think the Libs are any better?, just look at the Hello World debacle last week and Matheius Cormann's family flights supposed oversight and I am sure if you looked hard enough you would find these rorts going on on all sides of parliament.
    JoJozep
    22nd Feb 2019
    10:42am
    Former Labour Voter with the mask of Lothario, or is that just to cover up your trolling agenda, can you please put some thought behind your statements as saying the same old tripe over and over, doesn't wash with most people any more, in fact, it becomes so irritating. Back to reality:-

    Just this morning, the ABC news commentator showed Shorten speaking in a broadcast programme promising Labor will legislate to make banks liable for up to $2,000,000 compensation to pay ruined borrowers, depending on their loses through bank misguidance and corrupt greed. (Royal Commission recommendation).

    Then we see Josh Frydenberg get interviewed straight afterwards (the only person I respected now that Julie has left the Lib party) and asked if the LNP will provide the same strict compensation legislation framework by Banks, and to my dismay, Josh, who usually answers questions truthfully, side stepped the issue and started knocking the Labor party by bringing up some trivial BS in the historical past, forgetting the LNP have had 5-1/2 years in government and have done nothing about this disgusting Bank Scandal and by the way refused 26 times to have the BRC set up.

    What intrigues me, is not so much the LNPare trying to go softly-softly on the banks, (after all they are the big end of town), but that the LNP when cornered, never answer a question directly and try to deflect the answer and worse try to smear the debate by saying look what Labor did 20 years ago etc. The LNP never admit that it was Labo, under Wayne Swan that saved Australia from financial disaster during the GFC. Where was Joe Hockey then?, no doubt puffing on another taxpayer-funded Corona with Kormann.

    Every time Morrison is asked a sticky question, it's not his fault, or Labor couldn't do better or the sky will fall in, anything to avoid a genuine short answer that is factual and correct. Just listen to question time in parliament. You'll feel disgusted with the answers and wonder why your taxes are paying these buffoons? Why doesn't the Speaker of the House pull them up and make stick to the question?

    The other tactic that irks me no end is to bring up union questions into the debate. The majority of unions are law-abiding and have done good deeds and maintained wage support for their members and workers in general. Now that the LNP have broken the union movement, what do we see? Firstly, huge profits and greed among the big boys with outrageous CEO salaries and secondly stagnant or declining general wages for workers, who are being replaced by technology as quickly as possible. The best Industry can offer is generally part time work. Doesn't the government and industry realise if people can't afford to buy products, those same companies will also eventually collapse?

    I know Pauline Hanson is not gifted in the art of debate and says many stupid things, but one thing which stuck in my mind which I believe was an honest answer to a complicated question was when she said: "Please explain?".

    I would also ask the LNP (Morrison in particular) please explain how it is that one party can suspend Parliament for a lengthy period and still get paid for doing nothing. Are the people of Australia perceived to be that dumb?. Sitting days must be scheduled for the coming year, and if a Parliamentarian doesn't show up, except for a valid reason on a sitting day, then his pay should be docked, as any other Australian is. After all, we are not Morrison's subjects like he thinks we are, and because we pay taxes, we are his and his party's employer, not the other way round.

    We also would like value for our tax money. The recent standard of debate has been woeful. If one party, Labor or liberal, holds a certain view, each should state the real reason behind their stance. Like is it a money grabbing exercise in disguise the true reason, or something else?
    musicveg
    22nd Feb 2019
    3:20pm
    Good post JJK. I am sick of the blame game too, worse than spoiled brats. Just get on with the job pollies, that is all that Australians are asking. Trouble is, it is the back door dealings that are the worry, the ones we don't hear about. Meanwhile another 180,000 legal immigrants were allowed in the last year, more stress on our infrastructures, jobs, and housing.
    Adrianus
    24th Feb 2019
    9:31am
    Jojozep, I fell off my ladder last week and am having difficulty with the pain in my back. I am planning on suing the manufacturer and the retailer. They should not have sold a ladder to a person of my age.
    Adrianus
    24th Feb 2019
    9:31am
    Jojozep, I fell off my ladder last week and am having difficulty with the pain in my back. I am planning on suing the manufacturer and the retailer. They should not have sold a ladder to a person of my age.
    Anonymous
    24th Feb 2019
    9:43am
    Adrianus - I demand a Royal Commission on ladders and in fact every single product sold in the market place
    If anyone has ever had a physical or financial loss by buying any product sold , we need the company to pay compensation
    I hope your back heals Adrianus , Do you have private cover ? Go see a physio. Oh that reminds me , an RC on health insurance is long overdue , we need them to offer free unlimited physiotherapy and massages at Betty’s bath house
    Adrianus
    24th Feb 2019
    9:56am
    If a man transitions to a woman, spends a fortune on a new wardrobe. Then after years of experiencing womanhood decides to become a man again. Should taxpayers fund both transitions?
    Adrianus
    24th Feb 2019
    10:10am
    Jojozep, I don't know that I can agree with your theory that the LNP have broken the unions. They did it all to themselves. Whether its pulling a hamy by running across a carpark carrying a heavy filing cabinet, or putting your fingers too close to an overworked shredder, the pain is self inflicted. In my opinion, most people will get news from all sources available and form an opinion based on what sounds feasible to them given their life experiences.
    Misty
    26th Feb 2019
    9:37am
    Adrianus, sorry about your back but maybe a person your age should have known better then to go buy a ladder.
    Charlie
    22nd Feb 2019
    7:35pm
    I read some funny things here from experts who have never experienced retirement or a small super payout. I don't recall any compulsory super, before say 1985 and it was only 3%.

    I read here lower spending in retirement is common because older australians "pay less for transport, less for working clothes and have more time to cook."

    How can they pay less for transport when petrol prices are higher than ever before?

    Why would they need working clothes when they are retired?.. I have wasted heaps of money buying shirts that don't fit anymore and have no top Pocket ..The are styled and perfumed from bangladesh and indonesia for the body shape of those countries, just rubbish for me.. I want a shirt with a traditional fit where the sleeves can be rolled above the elbow. I have to pay high prices for that these days...It used to be the base line shirt.

    Why would they spend more time cooking when the electricity prices are higher than they have ever been before and the rebate is so small it doesn't get to paying any electricity, it is gone, just paying the inspection fees.
    Ever see the kitchens in low priced flats? no range hoods and no separation from the rest of the flat, so using the kitchen over heats everywhere else.

    Rental assistance is just a token amount that would barely pay the weekly rent on a small room.

    Government housing puts age pensioners in a block of flats with a bunch of noisy undesirables and doesn't provide low cost flats for singles, that's where I live anyway, they only provide bed sitters.

    The reality of life as an age pensioner is a lot different to the theory. The disability of being in that age group, adds up to people who are no longer as efficient managing their small income... Its assumed they can race around buying food from here and there, like a young person and cook in a full size kitchen..Its not that easy when all of your skills are run down and you are renting.
    musicveg
    22nd Feb 2019
    7:43pm
    Yes I agree Charlie, many pensioners and other low income earners are struggling and being ignored. Rent assistance needs to be increased, after all this money is going to investors and keeping the economy going, less rent to pay more other things to spend money on like healthier food and more on electricity so people can stay warm/cool.
    Government housing is a joke, it is just the basics and not really adequate. The few newer ones they have shown on TV are very few and for the lucky few who managed to score one. The other major problem with Government housing is the fact that there are many people who are now working and can afford to rent off market and yet can still retain their Government housing, this is got to stop. They need to keep a track of the income on those who live in Government housing so they can provide more for those who are genuinely in need.
    Adrianus
    24th Feb 2019
    9:22am
    Charlie, you forgot to mention how the high cost of electricity is cutting into the budget of those who can least afford it. It was a rotten deal that Julia Gillard made with Bob Brown and we are paying for it. Makes me mad. Grrh.
    Adrianus
    24th Feb 2019
    9:49am
    In my opinion newstart should remain as is for those who don't want to work and be doubled for those willing to work 3 days per week in a community development program designed in co-operation with private businesses, councils and charities who are constantly searching for volunteers .
    Reagan
    24th Feb 2019
    11:03am
    You can't judge people unless you walk in their shoes. Expenses differ in each household and although some baby boomers were able to save a bit more for their retirement, should the rest be insulted? NO.

    The pre baby boomers ARE doing it tough. Those who don't own a home, those that have to pay a ton for medications etc. To many, I may be classed as "wealthy", and I could argue I worked hard to get there, BUT that does not make me a hero. I am willing to pay more so everyone gets a bite of the cherry.

    Don't let loathesome get to you people. He has no idea what he's talking about, he's just here to stir the pot and say the opposite to what you say, e.g. if you say s**t smells bad, he'll definitely say, it smells like roses, LOL
    Fair Go
    24th Feb 2019
    4:27pm
    Sorry, I disagree. I am a single pensioner who worked (did have breaks in employment for various reasons), now living in a retirement village. I cannot manage on pension, I have little else as I have been by myself for a lot of years, paid off a mortgage, raised 2 children etc. so not able to save a lot. Retirement village take $96 per week, so I have to live on the remainder. Australia is almost on the bottom when it comes to pension rates, should be ashamed. We need a substantial increase to the rate of pension in this so called "wealthy" country.
    Misty
    26th Feb 2019
    9:41am
    The cost of renting depends a lot on where you live, obviously in densly populated cities the cost will be a lot higer then in the country, at least from looking at rentals in both places this is what I have found.
    musicveg
    26th Feb 2019
    2:11pm
    Problem is if you live in the country you pay more for everything and more for transport because often you have to travel for services.
    JoshG
    19th Mar 2019
    5:29pm
    I invested $90,000 in 72Options sometimes ago with little knowledge about Binary Options. It was accumulated money from my Retirement Plan and Social Security. After investment, withdrawals turned impossible, I was denied access to my account, my emails to the support team was left without reply. I was left terrified, not until I got in contact with a funds recovery expert agent at fundsrecoverydome(AT)protonmail(DOT)com whose contact I got from somewhere on the internet. I'm very glad I did so cause I got all my funds back without request for upfronts. I just want everyone that has suffered to similar binary option scams from retirement investment planning recently or not to get their hard-earned money back soon.


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