14th Dec 2017
Young migrants and women easing Age Pension burden
Young migrants and women easing Age Pension burden

Australia may be ageing at a slower rate than most developed countries, but our reliance on the Age Pension system and poverty among older people is much higher than other OECD countries.

An OECD report released last week revealed that the number of people in Australia per 100 who are aged 65 and over is 25, but will increase to 41 by 2050. That is much lower than the global old-age dependency ratio, which is 28 and 53 respectively.

While that may sound promising, around three quarters of those aged 65 and over are reliant on the Age Pension, compared with the one quarter average in other OECD countries.

And our poverty rate among older people is dismal, with over a quarter of those aged 65 and over below the income poverty rate compared to around 13 per cent in other countries.

The good news is that our public expenditure on the Age Pension is currently four per cent and will remain that way in 2050, compared to the rest of the OECD, which will grow from nine per cent to 10 per cent.

You can thank Australia’s strong net in migration rate and increasing numbers of women entering the workforce for easing the burden on the pension system.

According to the OECD report: “Growth in the working-age population has been the main driver of labour force growth for most advanced economies over the past decade. Australia has seen particularly robust growth in its working-age population of 1.75 per cent each year over the past decade. Strong net migration has been a major contributor to this growth.”

And the increasing workforce participation rate of Australian women has simultaneously “largely made up for the demographic effects of ageing”.

Also promising is that once Australia’s compulsory superannuation system reaches maturity, we should see fewer people reliant on a full Age Pension and living below the poverty line.

Currently, the number of retirees taking their superannuation as a lump sum has left them with little income in later life, prompting suggestions that annuities may be the solution to extending private retirement income.

The report also highlighted the merits of making retirement more flexible, in particular, working prospects for older people.

This could be an alternative to raising the retirement age, which is a reform that is highly contested although seemingly necessary, should other reforms not be considered.

“Population ageing and financial stability concerns have created pressures on policy makers to raise the retirement age, even if most people do not like this,” said the OECD report.

“Older workers are a diverse group; people have different preferences on how and when to move from work to retirement. Some are able and motivated to work for longer, perhaps for the income, or the social interactions that work brings, or simply because they like their job.

“Employers should be encouraged to provide more flexible work solutions to workers wishing to prolong their career at older ages. In the context of population ageing and looming labour shortages in some countries this need is urgent.”

This type of flexibility could have wider positive effects on our ageing population and economy. Many health experts claim that working later in life could also be beneficial to health and wellbeing – which would, in turn, reduce the nation’s health and aged care expenditure.

Read the Global Pensions at a Glance report

Given the chance, would you be happy to work later in life? Would you appreciate the flexibility to return to the labour market? Were you aware that migrants were providing financial support for your Age Pension? Is it time that the gender gap was addressed, considering women are bolstering support for the Age Pension?

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    COMMENTS

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    Boomah52
    18th Dec 2017
    10:21am
    2050 only 4 per cent on pensions and OECD average 10 per cent? Mean ageist country. All the other crap in this article like job flexibility is just that. Ideas put forward by younger people who wont experience until they get older the discrimination so prevalent... it will most likely get worse so good luck lol.
    GeorgeM
    20th Dec 2017
    1:04pm
    Yes, you have made some good points. Key take-away points are:
    "our public expenditure on the Age Pension is currently four per cent and will remain that way in 2050, compared to the rest of the OECD, which will grow from nine per cent to 10 per cent." Mean Govt.

    "And our poverty rate among older people is dismal, with over a quarter of those aged 65 and over below the income poverty rate compared to around 13 per cent in other countries."
    Rest all crap as you have noted.

    The above is a serious indictment of Age Pension policies implemented here by both Liberal & Labor - with NO INCENTIVE TO SAVERS, or jobs or incentives for those who want to work.

    Primary issue is the means-tested age pension with a very harsh assets test since Jan 2017. Situation is heading for a disaster unless an Universal Pension is introduced as in ALL other advanced countries.
    Ali
    18th Dec 2017
    10:38am
    With the way employment has so rapidly moved to casualised workforce, with job insecurity and underemployment with lower income in many areas, I don't believe the younger generations will be necessarily have more superannuation. In addition, one thing that often happens as they move from job to job, is that their super is automatically put in the company chosen by employer, unless the employee nominates a different super fund. Unfortunately many young and even older people so not understand this and end up with multiple super funds which diminish to nothing.
    TREBOR
    18th Dec 2017
    11:29am
    Their super will be not much better than the current retiring lot, due to inflation and hidden inflation in rising costs of living via privatisation and outsourcing, and work instability for the majority.

    The current system is broke in many ways.
    TREBOR
    18th Dec 2017
    11:27am
    Piss poor economic and social policy over the past forty years will do that to you.
    Old Geezer
    18th Dec 2017
    11:40am
    Women should be paid same childcare if they go to work or stay home with their children. There wold then be more jobs for the young and more job for the elderly. Pension age could then be raised in line with life expectancy. If you want to retire before age pension age then you simply would have to save for it.
    TREBOR
    18th Dec 2017
    11:48am
    An idea that's been tossed around for years.... OG - I can't see any government coming at paying mothers to stay home with the kids.

    It's silly to be paying people to stay out of work, and also paying people to go to work by giving them childcare subsidies, but at the end of the day, they'll say it's all about 'choice'.... whatever that means.

    How anyone can say it's about 'choice' while offering subsidy is beyond me - but when you add up the Social Security costs of childcare subsidy and unemployment benefits, you would be able to pay women to stay home rather than work, while freeing up jobs for others.

    The long term effects are hard to calculate - and I suspect the real fear behind it for government is that it would be a step towards dismantling the Mandatory Dual Income economy that reigns these days, which would adversely affect what many call the only game in town - serial house ownership.
    Old Geezer
    18th Dec 2017
    12:08pm
    I know one mother that stays at home and puts here child in childcare as it costs so very little and she has time to get her nails done etc.
    Tib
    18th Dec 2017
    1:02pm
    OG you can't expect a women to look after children while she gets her hair and nails done. What next ! A full time job.
    Wstaton
    18th Dec 2017
    1:13pm
    Sounds like negative gearing Trebor. Buy an investment house and let the taxpayer pay for its upkeep.
    Anonymous
    18th Dec 2017
    1:30pm
    It's about ''choice'' they say - but they took away ''choice'' from women. Few can now choose to stay at home with kids because unless hubby earns a high income, families need two incomes to get by. There is no CHOICE. The ''liberation'' movement sold women into bondage!
    Tib
    18th Dec 2017
    1:38pm
    Rainey your right feminists did sell women into bondage. Now they are wage slaves like men. Why should women have the choice to stay home, men don't. I'd like to say I'm sorry for you but the truth is I can't stop laughing. I alway Knew those lesbians would get you into trouble eventually. Now men will never do all the work again. It's men that will be liberated.
    TREBOR
    18th Dec 2017
    1:42pm
    Sorry - my thoughts are a little scattered today.... not in full focus...

    You are right, Wstaton. The problem is the MADIF (Mandatory Dual Income Family), which, while all smarmy army in 'getting women into work and equality etc etc etc' - had WELL-THOUGHT-OUT-IN-ADVANCE consequences - there were clear examples from Russia and any number of other countries that suddenly forcing nearly double the workforce would splatter a society economically across an incredibly wide range of income brackets.... leaving many poorer while exacerbating the 'income gap' and so forth.

    The costs of pushing masses of women into the workforce are multiplied by childcare subsidies and unemployment, and without the MADIF or a single BIG income, a 'family group' (which may be a single living alone) cannot survive.

    These things were known before this stupid nation went ahead and did it anyway, but ideology triumphed over sense, and now we have a nation that is on the brink of disaster socially and economically.

    A fair dealing of 'women into the workforce' would be that there be NO subsidies and thus the 'family unit' must make its own way. In that way economic sense would prevail in households and reality would force its way in, creating the conclusion that it is better for one to stay at home.

    As it is, many miss out completely, and the future there is dark to say the least - in terms of the development of a largely criminal-run underworld, eventual retirement costs to the nation's budget, and countless other social issues.

    I despise feminism as a divisive, self-centred, one-sided ideology that has, in reality, only benefited a few and not the majority. Your single mother is no more able to survive than a separated man living alone.... the environment in which the INDIVIDUAL family unit across the board (ranging from the single alone to the nuclear family) can prosper has vanished like a snow flake in the desert in summer, leaving only a mirage behind towards which many flounder in search of a drink.

    I do not despise women - only the ideology and the abuse to which governments have put it - all destructive.
    Tib
    18th Dec 2017
    1:56pm
    Trebor don't tell women that. Let women believe all the feminist BS. Let them continue to think working in an office is better than being a full time mother. That having a job is wonderful. Feminism has persecuted men in the family courts for years until now young men often see marriage as a no win situation. Women have brought this on themselves and men will be the winners in the end.
    Anonymous
    18th Dec 2017
    2:09pm
    Men were very happy supporting stay-at-home wives who kept the house clean, cooked nice meals and cared for kids properly, and still had the energy to entertain their husbands in the evenings.

    Both sexes have been sold out by the radical ratbag feminists. But children have suffered most of all. Why should women stay at home? Because children need a full-time parent. And men need a full-time wife. Not that there was ever a time when women didn't work very hard - managing both childcare and home duties AND doing some form of casual and/or at-home work to help with the finances. And usually a fair bit of charity and community work as well.

    I don't know any men who are laughing now. Most are grieving this new social order that has deprived them of the attention of their partners and their children of a mother's constant care.
    Tib
    18th Dec 2017
    2:25pm
    Rainey why should women be the full time parent? No women will never get it that easy again.
    You're right men aren't happy now because women and feminism has made any relationship with a women almost intolerable. But it's taken that for men to finally walk away from their self imposed responsibilities. We don't want your attention any more , get a job and pay your own way.
    By the way their not our children their yours , pro choice your body your choice, children used in divorce so women get more money, children used as weapons against their ex and women refusing access to their father. After all that you want to call them our children, only till you decide different. You ladies really have made yourselves poisonous.
    Anonymous
    18th Dec 2017
    4:01pm
    I'm sorry you have had such a negative experience in a partnership, Tib. But the majority of men have valued relationships with partners who enrich their lives in many ways and whom they would never be without. Try to be less bitter and nasty and you might actually find a good woman willing to pay you some attention. You are DEAD WRONG in your narrow and bigoted assessment, but I suspect you've been wounded at some time and can't recover. Your bias will ensure that any future relationship is equally disappointing, because no decent woman would tolerate your vile attitude.
    Old Geezer
    18th Dec 2017
    4:34pm
    One of us looked after the kids while they other worked or ran a business. The children only went to preschool a maximum of 2 days a week because they enjoyed themselves and wanted to go. They were never put into childcare because both of us had to work. My kids did the same with their kids and they prospered. So it is fallacy that both parent need to go to work.
    Tib
    18th Dec 2017
    4:51pm
    Rainey don't bother playing the bitter card with me you are more bitter than I am. Ha ha getting a woman these days isn't a win its a loss. It's a quick way to lose your money. 50% of marriages end in divorce and out of the 50% left half would like to be divorced. So no , very few men find valued relationships with women and every year less men get married. You're living in fairy land.
    The truth is women are now looked on with suspicion and are not seen in a positive light. You have screwed up a good thing , get used to it and start working for a living. You're days of bludging on us are done.
    Old Geezer
    18th Dec 2017
    5:12pm
    I agree Tib. Women today are no longer slaves to men in this country.
    Tib
    18th Dec 2017
    5:23pm
    OG a lot of women were all for this feminism thing, but now they have suddenly realised they're making a bad deal and are trying to back out. I say bad luck serves you right. Working a lousy job their entire life to pay for their shopping habits builds character, and most of them could use one. As long as we don't have to pay for it.
    TREBOR
    18th Dec 2017
    8:18pm
    Men went to work in the factories and the fields and the forests, OG - they brought home the bacon and sometimes died doing so - that bacon bought homes for family and worldly goods, paid for a future pension for all eligible and every other government cost, and usually provided a little something for 'the little woman' in retirement, when the 'old man' usually died sooner.

    I'd hardly call that women being slaves to men.....
    Tib
    18th Dec 2017
    9:09pm
    Trebor well said female slavery is another feminist lie. I have a photo I call male privilege. It was taken about 1900 , it's 40 men jammed into a mine lift made for about 10 men, all going down to work.
    Barely enough room to breath. Who was the slave, not women. No women would have volunteered for that least of all made that sacrifice on their own for their families.
    Knows-a-lot
    18th Dec 2017
    10:44pm
    Men are the slaves to women, not the other way around. Read Dr Warren Farrell's book "The Myth of Male Power".
    Old Geezer
    18th Dec 2017
    11:41am
    Three quarter of those over 65 relying on the age pension. Wow this is not a nation of savers at all. Sounds life the lucky country has no much luck left with those sots of figures.
    TREBOR
    18th Dec 2017
    11:50am
    Save on part-time casual.... where you bin, laden? You KNOW by now that governments are stupid and self-serving first and foremost, and have no interest in the long-term welfare (not social security)* of the population as a whole.

    * keep thinking - you'll get there - you are but one step from realisation...
    Old Geezer
    18th Dec 2017
    12:10pm
    Sounds to me that we are only a step away from being a 3rd world country with those sort of figures.
    Rae
    18th Dec 2017
    12:21pm
    You are not wrong OG.

    Damned if I can see how people afford the big houses and rates, electricity, insurance and maintenance on the Old Aged Pension.

    And the gas guzzling huge SUVs most seem to drive these days.

    Must be really tough as time goes by.
    TREBOR
    18th Dec 2017
    12:26pm
    Beat me to it, Rae - we are already a Third World country including the beggars being some of the scenery.

    My Ford Terr'uh'tree does just over 10 litres/100km on highway which is most.... dang - friends have a Subaru that does that... city driving in those ToorakTractors/St Ives Harvesters is a killer..... only for the daughters of the S'Niveans to go to private school.... on the government dime.....
    Old Geezer
    18th Dec 2017
    1:16pm
    10 t/100ks is thirsty indeed. Get a Jeep instead as it's under 8l/100.
    Anonymous
    18th Dec 2017
    1:41pm
    Why save when the penalties are so harsh, and the rewards for being irresponsible so generous, OG. But you support that dopey damaging system. In fact, you want to see it made worse!
    TREBOR
    18th Dec 2017
    1:45pm
    Gonna trade it for a diesel at first chance... 7/100km, and I love diesels.... if you handle them right they last forever.
    Old Geezer
    18th Dec 2017
    4:40pm
    What harsh penalties for saving Rainey? I haven't seen any myself even with all my generosity. You're not still on about those millionaire pensioners losing their nice to have money. They should not have been given it in the first place and the concession card should only go to those on the full pension too.

    Diesel is the way to go as it's so much more economic.
    Anonymous
    19th Dec 2017
    11:15am
    The millionaires didn't lose, OG, which is why you are so ignorant and arrogant and can boast that you didn't suffer. The SAVERS lost - the ones who were struggling to get to the needed $1+ million so that they could retire in comfort. And yes, they SHOULD be given the part pension and concessions, because they SHOULD NOT suffer for having saved so well but not quite made it to full self-sufficiency. The assets test should NOT position people who saved worse off than if they hadn't.
    Old Geezer
    19th Dec 2017
    4:37pm
    It would not matter where the line was drawn on the asset test people would still whinge. No one is worse off due to the change in the asset test as they have more than ample to live on without their nice to have extra pennies. Why save money if you don't intend to spend it? Those that inherit it will pend it on all sorts of rubbish instead.
    Anonymous
    19th Dec 2017
    8:39pm
    You obviously can't do basic math, OG, or you would know that a great many are worse off having savings than not having them. I've submitted detailed spreadsheets to treasury showing that a retiree is better off with $375,000 than with $525,000 and far better off with $525K or less than with $820K or more.

    Of course people save money to spend it - but to spend it on the things THEY saved for, at the appropriate time in their lives - not to use it to compensate for not getting the pension they would get if they hadn't saved, which amounts to being compelled to GIFT their savings to others who saved less.

    And who the hell are you - ASS who thrives on assumptions - to claim to know what someone might do with an inheritance? Your arrogance is as sickening as your selfishness.

    The waste in this nation is by the idiots in government who are destroying all incentives to work and save and rewarding people generously for being irresponsible - thus creating a welfare mentality that is destroying the nation.
    Old Geezer
    20th Dec 2017
    10:53am
    Rainey I have also done some spreadsheets showing that couples are better off with no OAP and benefits if they have more than $800,000 over the longer term with normal interest rates.

    I also sent a letter of congratulations to the government for doing the right thing and changing the assets test. I said in the letter it was simply stupid that people should have enough to live on for the rest of their lives and be double dipping on the taxpayer as well. I also said it simply wasn't fair that people were then inheriting money and wasting it on overseas trips etc. I also got a letter back thanking me for my letter.
    GeorgeM
    20th Dec 2017
    1:13pm
    Completely spot-on, Rainey, with your points. Ignore the OG fool who repeats rubbish like a stuck record when no one believes his garbage except maybe extreme right-wing nuts. He is obviously paid to make posts to support Liberal party right-wing crap policies.
    Anonymous
    20th Dec 2017
    5:20pm
    Yes, George. I'm pretty sure he's actually manipulating the system for unfair benefit for himself - otherwise why on earth would he complain bitterly about others manipulating it, yet aggressively defend it when anyone suggests sensible reform? Either he's a hypocrite using the system to unfair personal advantage, or he's just plain stupid and can't sustain a consistent logical argument.
    Old Geezer
    21st Dec 2017
    5:41pm
    Ha ha Rainey I'm shaking my head on that one as people like me don't want benefits for ourselves at all. We give an awful lot more than we take from society.
    Anonymous
    23rd Dec 2017
    2:13pm
    NO, OG, you TAKE TAKE TAKE, but you are too arrogant and self-opinionated to recognize the benefits you take, let alone admit to taking. It's the battlers who GIVE - the ones who work for way less than they are worth and pay too much to the greedy for inferior services, then struggle through retirement on a pittance while the TAKERS beat their chests while enjoying an unfair share of the national pie and lying (even to themselves!) about what they give and what they take.
    Triss
    7th Feb 2018
    12:33pm
    Wow, OG, I bet the government has pinned your letter to the wall so that when they feel a bit down they can read it and fall about the floor laughing. Ex politicians with their huge pensions and perks, no asset testing, get highly paid grace and favour jobs, or run their own companies as well, so double dipping on the taxpayer. And I'll bet your letter didn't get at them for double dipping on the taxpayer. You're a perfect illustration of how the same people get into parliament at every election.
    Tib
    18th Dec 2017
    12:16pm
    Women responsible for easing age pension burden. Men are already at work, it's about time women started accepting some of their share. I'm still shocked at how many women still don't work or only work part time, there's no reason these days for them to be sitting at home doing nothing. Let's talk about real equality, the one where women actually pull their weight. That must be in galaxy far far away, because it's not here.
    TREBOR
    18th Dec 2017
    12:28pm
    Only massive endemic un- and under-employment when you have everyone working..... it was better economically in all ways when most women stayed at home... sorry 'bout that.

    Feminism has chained women to the work grind as much as men always were enslaved to it....

    I've known nurses who choose to work casual since in doing so they had money, time for family and not enough to repay their student loan...... true.
    Tib
    18th Dec 2017
    12:42pm
    Trebor I don't like feminism either I think it's poisoned our society. You are right men have been enslaved , and in the eighties while we were enslaved women were shopping us into bankruptcy.
    It's opened up my eyes I think it's about time they accepted some of the burden.
    I would of liked a nice part time job where I had time for family and even some time for myself. As a male I don't see why I should pick up the bill. Women want to spend money it's about time they earned it.
    There's a saying these days " no one cares about the donkey who pulls the cart". They mean married men.
    Wstaton
    18th Dec 2017
    12:55pm
    Wow! Tib what eon do you come from.

    When I go and stay with my daughter and to see my grandchildren I watch my daughter after a day at work. Cook the dinner, wash the clothes, get the ironing broad out iron the clothes for three granddaughters (and hubby) do other housework. Go to bed get up make the kids breakfast, pack their lunches, see them off to school then goes to work.

    And I guess men should start paying there share towards looking after the kids, cleaning the house, washing the dishes etc.
    Tib
    18th Dec 2017
    1:11pm
    Wstaton I've done house husband for a short while. It was like my holidays only easier. What eon do you come from , where women washed by hand? Instead of just pushing a button. The ABS gives women working full time at only 24.8% in 2016.
    Don't imagine cooking an extra steak when you cook your own or pushing the button on the washing machine an extra time for your husband is actually a big job, men who work for a living would disagree.
    Anonymous
    18th Dec 2017
    1:38pm
    Thank heavens the world isn't full of disgusting self-serving egotistical chauvinists like you, Tib.

    Most women work very hard, both in paid jobs and doing housework and childcare. Sure, automatic washing machines, dishwashers and vacuum cleaners have made it easier, but cleaning a large house and caring for kids 24/7 is still damned hard work. Just ferrying them to sport and other after-school activities and childcare, keeping the pantry and fridge stocked, and keeping up a supply of healthy meals and clean clothes is challenging for women who - like most today - go out to work. Fortunately, most men today are recognizing the workload their wives shoulder and do try to help where they can.
    Tib
    18th Dec 2017
    1:45pm
    Rainey ...name calling really. Ha ha I'm sure pushing the button on the washing machine and dishwasher is a real challenge for you. What you need is that full time job feminism has helped you get. It's about time you worked for a living.
    TREBOR
    18th Dec 2017
    1:50pm
    Read above about 'feminism' and its true outcomes..... let me just add - I pointed to 'communist' Russia as one of the first nations to 'equalise' women - thus creating a permanent underclass of neo serfs (read up and work it out) due to lack of genuine opportunity for the family unit as a whole (something the 'communists' wanted to do away with anyway) - the immediate effects were moderated there somewhat by the fact of the wage structure. The same does not apply here, and the results are that some are soaring away on income and other are dying on the ground.

    And Rainey... Stat... don't punish Tib too hard - he (I assume) did mention feminism and not women - everyone appreciates the work of women and men everyone real that is) - but when you have an ideology of entitlement and deliberate social disintegration holding sway, as does 'feminism' - that is an entirely different thing.

    All would be better served in sticking to (and sticking it to!!) the ideology and not seeking to place any dissent in the position of being some kind of 'hate group'. That kind of defence of an ideology is passe` these days, anyway.....
    Tib
    18th Dec 2017
    2:02pm
    Trebor women stood by for generations and not only accepted but supported changes to the family courts and laws that now disadvantage men. While this was done by feminism they are not guilt free and will have to accept the consequences. They had their chance to speak up.
    TREBOR
    18th Dec 2017
    3:11pm
    ... and don't forget affirmative action which is still never-ending even after 35 years - or two new 'generations' of work entrants at age 16.5 or so....

    and changes to the 'education' system (that thing so loudly criticised these days) to 'more suit girls...

    and then special scholarships etc for women to get them 'equal'...

    and the demand for equal numbers in all areas except those where women dominate numbers.... and most especially in the highest paid areas.....

    and then outright preference for pretty faces and finer shapes in the office/bank etc....

    and the falsehood that 'women are better at some jobs' etc (but men apparently are not)....

    and the near exclusion of men from now women-dominated fields such as teaching, nursing, even banking and so forth..... (all the feather bed jobs, BTW)....

    The list goes on and on...
    Tib
    18th Dec 2017
    3:28pm
    Trebor yes the list goes on and on. But anger is building in the community among men , you see it everywhere. Now there are groups like Mgtow , MRA and dozens of others. Not politically active but walking away from any responsibility they felt towards women. When men stop working for women they stop working, this society was built on our sweat. There is a price to pay.
    Anonymous
    19th Dec 2017
    1:13pm
    Tib, you have no idea what my life was like. I worked an average of 60 hours a week in paid employment throughout my life - often heavy physical work. I rose routinely at 4am to wash, iron, bake and cut lunches before the kids got up. I sat up all night an average of 50 nights a year sewing so the kids and I had decent clothing. On top of that, I carried bricks, bags of concrete, tiles, timber etc. and grouted and painted and cleaned when we were building or renovating houses, which was most of the time. Cleaning half-built houses or houses under extensive renovation was hard work, and finding ways to make these places acceptably comfortable for children was a huge challenge. Add to that the time invested in therapy and special education for a special needs child and to care for a partner who had extensive health issues.

    I would trade for the leisurely life of half the men in our society any day of the week, only they would NEVER survive my rigorous work schedule, let alone cope with feeding a family on less than a quarter the average food budget - often with no electricity or gas and having to chop and cart wood, or juggling toaster, frypan and kettle on a single extension cord run from a meter box! And with no heating, I taped cardboard over holes in the wall and stuffed newspaper behind it to block the worst of the wind and salvaged blankets and mats relatives were discarding to try to keep the kids warm.

    Fortunately, I have nothing to be bitter about because I have a loving and supportive partner and we ended up financially comfortable with me doing a part-time job I love passionately and a reasonable savings nest-egg to carry us through our later years.
    musicveg
    19th Dec 2017
    3:34pm
    I am impressed and amazed at the hard work you have done, and you still stick up for those less fortunate who may or may not have had the struggles you have. Well done for surviving and becoming a winner in the end.
    Anonymous
    19th Dec 2017
    8:55pm
    I don't judge, musicveg, because nobody who has not walked in another's shoes is qualified to assess whether they have succeeded or failed, made good choices or bad, been irresponsible or merely struggled with challenges that would defeat most. I am lucky that I had strength and resilience and wise mentors to support and guide me when I needed help most. I was also lucky to have considerable natural intelligence and the ability to learn (despite not having much educational opportunity. I continued my education by reading and private study.)

    A society is as strong as the weakest of it's members and as wealthy as the poorest. If we have empathy and compassion and are willing to work to strengthen the weak and enhance the lifestyles of the poor, we can build a world in which all can enjoy a high quality of life. But there is not enough love and respect in our sad world, and the lack of it is creating a lot of unnecessary misery. I want to be remembered for making someone else's life better - for contributing to making the world a better place for all.
    musicveg
    19th Dec 2017
    11:45pm
    If only we had people like you Rainey running the country, people who actually cared about making it a better place for ALL not just a few.
    Old Geezer
    20th Dec 2017
    10:55am
    The country is broke enough already without having any more do-gooders like Rainey running it. We are faster enough becoming a third world country without adding fuel to the fire.
    musicveg
    20th Dec 2017
    11:33pm
    OG I didn't say Rainey running the country, I said people like Rainey, those who care about those less fortunate, who actually care about people not just money and power (greed).
    Old Geezer
    24th Dec 2017
    4:18pm
    There are enough bleeding hearts in Parliament already without wanting any more.
    Wstaton
    18th Dec 2017
    12:44pm
    And we are the so called "Lucky Country" Lucky for who? I can guess!

    18th Dec 2017
    12:46pm
    We are currently undergoing a boom in employment
    Jobless figures have never in lower in recent times
    Government policies are working and we should see more tax revenue flying into the coffers to pay for much needed infrastructure expenditure
    Once we pay off labor debt and become a creditor nation again, then we can look at increasing social services
    Unfortunately labor mismanagement was horrendous and it will take time to repair the damage
    Wstaton
    18th Dec 2017
    1:10pm
    Not much is said that the majority of these jobs are casual, part time many of them lower paid. These are replacing full time jobs which are actually dropping.

    My understanding is that to qualify that someone has a job for the statistics all they have to work for is about 4 hours a week maybe less to be considered employed as far as the statistics go.

    The big problem is now underemployment which is rising at a fast level. This is hidden as far as the the employment stats are concerned.
    Anonymous
    18th Dec 2017
    1:33pm
    Spoken by a truly loyal LNP troll, Raphael, with no concern for the FACTS. Howard and Costello wasted far more than the Labor Government did, gifting it to the rich. But that' s not waste in the eyes of the LNP-voting privileged. As long as the rich get it, it's an 'investment'. Stuff the needy. Just feed the greedy!

    Debt is rising, not falling, so we are not going to be out of debt any time soon, and with the current appalling mismanagement crippling the nation, there's not much hope for those on welfare, sadly.

    As for unemployment reducing, anyone can make it appear that way by claiming someone who works 1 hour per week is ''employed''. What a load of BS from lying mongrels.
    TREBOR
    18th Dec 2017
    1:52pm
    Christmas Rush to the head...... it'll die down and then all the leaving schoolies will be included in the figures....

    Rainey is correct..... re on hour etc....
    TREBOR
    18th Dec 2017
    1:57pm
    Schoolies, remember, don't get any GuvCash for six weeks, is it? Or was it only four? So come January a sudden influx of those on unemployment benefits..... and the figures sit idle until March or April while the excuses are being formulated....

    (Examples:- "oh - it was an economic downturn internationally - our 'job creation' was perfect... not our fault it committed suicide" ... in the case of this lot ... "oh - it was a Labor booby trap.... after god knows how many years we still stumbled right into it")....

    Governments, BTW, do not 'create' jobs other than by direct cash infusion to projects etc - we do not live in a controlled economy - something anathema to the 'right' who are the first to leap aboard when the 'right' government screeches about its 'job creation' (which it had nothing to do with). Contradiction abounds....
    Rae
    18th Dec 2017
    1:59pm
    Let's hope so Raphael. If not the Middle Class welfare will come to a screaming halt and then there will be some whining going on.
    TREBOR
    18th Dec 2017
    2:51pm
    Labor debt... Labor deebt.. lessee now - I'm sure I saw that somewhere.... back in the ancient history file I think....... here it is!!

    Oh yes - Labor left 200 something billion, Joe Hokey abolished the debt ceiling, the current lot have - according to their figures (LMAO) - ONLY run it up to $583Bn and NOT the merciless $606Bn - and it's still Labor's fault?

    Where you bin, laden? Double or so under this government and you still call it Labor's fault?
    Old Geezer
    18th Dec 2017
    4:41pm
    No matter how good things are some people will always find something to whinge about.
    Triss
    7th Feb 2018
    12:48pm
    I agree with you, Wstaton, employment shouldn't be rated on employment hours but on the minimum wage. Anybody earning below the minimun wage is not considered in the employment figures. That would show how much our government is worth.
    Triss
    7th Feb 2018
    12:49pm
    And you're one of them, OG. You never stop whinging.
    Andy
    18th Dec 2017
    1:23pm
    as long as the Governments of Australia do their pension bashing thing as a way of saying they can not get enough money, we will remain on the bottom of the list. As far as immigrants go we are not going to have any say, China owns enough of Australia to flood Australia with Chinese any time they want, and it won't work the way the stupid Politicians think.
    TREBOR
    18th Dec 2017
    2:52pm
    A lazy $50Bn to companies to 'stimulate' Jobson Growthe..... (lazy bastard - been sitting on his asset in Asia for too long already)....

    18th Dec 2017
    1:28pm
    These claims about the OAP are total rubbish. We are the meanest nation among developed countries, spending far less on the OAP than other nations - which is why there is poverty. And our expenditure is predicted to remain fairly static until 2025, after which it is predicted to fall due to superannuation. We CAN afford to pay proper pensions to all who need them WITHOUT immigration saving anything! The problem is a stinking mean nation with a government that pandies to the selfish rich. That's it in a nutshell. And immigration won't change that.
    Old Geezer
    18th Dec 2017
    4:44pm
    If any pensioner is living in poverty today Rainey then it is their own fault not that of the government or anyone else. Many are doing so well on the OAP that we now have a booming cruise industry in Australia. On some ships 90% are on the OAP. If we pay any more it would be just being wasteful as it would be just money that was nice to have.
    TREBOR
    18th Dec 2017
    8:27pm
    You're like that guy in Twelve Angry Personages, OG - the pensioner is guilty as hell.. let's just get this over and done with.. GUILTY!!

    When you can cop a cruise for $700 for six nights - why would a pensioner not seek a little enjoyment? Save for a year and you've got a little something to enjoy. I doubt very much that many such are on the $5998 plus VAT tour of Scottish Lochs by Boat.... or the $7000 run down the Rhine.... or the $25000 round the world cruise....
    TREBOR
    18th Dec 2017
    8:28pm
    Oh - look down there - Manitoba 6 days from $6596... how many OAPs are lined up for that one?

    Get with the program OG....
    Old Geezer
    19th Dec 2017
    10:20am
    Trebor the pensioners are not the ones taking the $700 rooms they are the ones in the balconies and suites at 3 or 4 times or more that amount.
    Anonymous
    19th Dec 2017
    2:07pm
    How sad that someone can be so shallow and bigoted that they see a few cheats or manipulators and assume this minority is typical of pensioners, and they are too shallow and bigoted to even notice the number of pensioners struggling to get by week to week and living below the poverty line. Oh, but if they did notice them, they would ASSUME those pensioners were irresponsible and useless. Would never deal in FACT and recognize the flaws in our system and the hurt those flaws cause because fixing the flaws might mean there would be less for the GREEDY SELFISH EGOTISTICAL PRIVILEGED like OG.
    Anonymous
    19th Dec 2017
    3:32pm
    I figured you out, OG. It puzzled me why someone who argued so vehemently that the flaws in the system should NOT be fixed to reduce manipulation and cheating would also complain bitterly about manipulators and cheats. It seemed contradictory. But of course people who take advantage of the flaws in the system to manipulate and cheat don't want them fixed, but on the other hand they don't want others taking advantage either because if too many people exploit the flaws, they will draw attention to them and they will be fixed. Then you would not be able to continue your abuse of other people's money!

    Mo wonder you are so comfortable, yet so adamant that the system must not be remedied! Of course you do want the family home included in the assets test because that won't affect you, since you don't own a home. No doubt that's yet another flaw you've found to exploit somehow, avoiding paying rent yet not owning property in your own name. What do you do? Place it in a trust? Have a company own it and give you free occupancy rights?

    Sorry, I'll keep lobbying for system reform because unlike you I DO NOT ''play'' to exploit the system flaws. I understand and sympathize with those who have no other means of support than the OAP and I also understand and sympathize with those who are being unfairly deprived of the rewards they earned through hard work and frugal living. I want the system FIXED for the benefit of the honest and responsible in our society.
    Old Geezer
    19th Dec 2017
    4:40pm
    Ha ha Rainey you really have no idea at all. I just can't believe someone can be so wrong about me. Want another try?
    Anonymous
    19th Dec 2017
    9:00pm
    Ah but I am right, OG. I know that by your pathetically weak response.
    Old Geezer
    20th Dec 2017
    11:02am
    Sorry I just can't contain my tears of laughter on that one Rainey.
    Triss
    7th Feb 2018
    12:54pm
    OG, you can only assert that pensioners are doing well on the pension with an evidence based study, and I don't think an assumption that cruise ships are full of pensioners can be classed as an evidence based study.
    floss
    18th Dec 2017
    2:17pm
    Rainey you have one comment summed up well. Immigration is a short term fix, long term the next generation will pay for that one , read the comments from Dick Smith a great Australian on over population and climate change in the driest continent on earth.
    TREBOR
    18th Dec 2017
    3:05pm
    .. and it's only meet that those given the inside running for jobs - women and youngies of all kinds - should be shouldering the burden of cost for the oldies, as we men did when we were young (and without complaint or need for endless compliments)....
    Rae
    19th Dec 2017
    1:48pm
    Each new immigrant initially costs around $200 000 in infrastructure.

    The high population growth has definitely made my life more difficult and the budget changes denied me income I was promised.

    All for a fake GDP.

    Eventually they may pay their way but probably not in my lifetime.
    Lookfar
    18th Dec 2017
    2:26pm
    Bit of a wake-up call for those on this list continually moaning about how the immigrants are ripping us off and not paying their way, as it turns out not only they pulling their own weight, but saving the bacon of the OAP.
    Time to change your mind, socks and underwear, 'furriner' haters.
    TREBOR
    18th Dec 2017
    2:57pm
    Goddamned furruners shouldn't be running the country until they're born here..... and I'd look closely at the total figures before jumping on anyone...... as usual these figures are distorted across suburbs and cities and city/country, and across ethnic groups.

    Suggesting that it is ONLY furruners who are saving the OAP is a nonsense... immigration is a short term finger in the dyke (sounds topical these days somehow), not a whole new wall...

    All those Sydney cabbies....
    Anonymous
    18th Dec 2017
    3:55pm
    Are you so gullible, Lookfar, that you swallow the rubbish claim in this article? Our country can afford to pay far more generous pensions and still be paying out much less than most developed nations. We don't need immigrants. What we need is a government and population with a decent social conscience.
    Old Geezer
    18th Dec 2017
    4:45pm
    Rainey we don't need to pay more generous pensions as they get more than enough already.
    TREBOR
    18th Dec 2017
    8:33pm
    Oh, I dunno - I'd say about double sounds about right.... and ex-Service Veterans should be able to a 'Pollie' and access a pension/super payment for life without penalty and still work ..... after all (raises eyebrows cynically over the inclusion of politicians at all here) they've BOTH sacrificed to serve the nation..... BOTH given up other opportunities to serve..... isn't that right?

    Instead we have suicidal Diggers with no money and no job and a host of issues to deal with.... maybe a little Welcome Home with a job and acceptance into the community would help.....

    Sorry about the soap box.........
    Anonymous
    19th Dec 2017
    11:18am
    About double sounds good to me, Trebor. And I think we should reverse the score for politicians and veterans - i.e. give politicians a miserable sustenance amount, strictly means tested, and give veterans the huge pensions politicians currently enjoy, with NO MEANS TEST.

    It's time the disgusting selfish in this world started to acknowledge the contribution today's battlers make to our society and their ENTITLEMENT TO A FAIR REWARD.
    Old Geezer
    19th Dec 2017
    5:48pm
    Gee Rainey I thought you said our pollies were bad. Pay them much less and you will have monkeys running the country.
    Anonymous
    19th Dec 2017
    8:58pm
    They ARE bad, OG. Monkeys would do a far better job!
    Old Geezer
    20th Dec 2017
    3:09pm
    Agree Rainey but it is going to get much worse before it gets any better if it ever does. No treats for the masses any more as Rudd over did it in a big way when he was PM. We will all pay for years to come for the excesses of Rudd as PM. Worst PM in history closely followed Gillard.
    Anonymous
    25th Dec 2017
    2:50pm
    Rudd didn't waste a tenth as much as Howard and Costello, OG. But of course the rich who took all the H&C handouts don't call that 'waste''. It's only waste if it helps the economy and the battlers. If it adds to the piles of gold the stinking rich are hoarding, it's a responsible investment. No, Rudd wasn't the worst. I disliked him intensely, but he did a fair job through the GFC. Australia fared better than most countries, despite the extravagance of H&C creating massive ongoing obligations to feed the greedy rich.
    Old Man
    18th Dec 2017
    2:38pm
    This is a positive report and would be even more favourable if the age of 67 to achieve eligibility for the age pension is factored in.
    Old Geezer
    18th Dec 2017
    4:47pm
    Hasn't the pension age been raised to 70? It should be even higher as people are simply being support far too long on welfare now.
    Old Man
    18th Dec 2017
    5:55pm
    Did that get through the hostile Senate OG? If I missed that I apologise for my misleading post.
    TREBOR
    18th Dec 2017
    8:34pm
    We, the people, are planning to return it to 65 and force retired politicians to pay back their millions paid before pension age, and then wait until then, and then be means tested like everyone else.

    No More Free Rides! Age of Entitlement is over, kiddies... get your fingers out of the cookie jar....
    Anonymous
    19th Dec 2017
    6:27am
    The shocking proposal to force people to work to 70 didn't get through the Senate, thankfully. It's disgraceful that it was ever suggested. And forcing everyone to use annuities, which are very expensive and return poorly, is not a sensible idea either.

    What this nation needs is a government that respects the right of its citizens to enjoy the rewards of decades of work and have some leisure time and comfort as the end of their lives nears. We SHOULD spend 10% on aged pensions - not the miserable 4% that is leaving many in poverty and is denying tens of thousands fair enjoyment of their hard-won savings. Time to revolt I think! Demand the government recognize that retirement is a RIGHT and the promise of a comfortable and enjoyable retirement is ESSENTIAL to motivate workers. Denying people their fair due in retirement can only reduce enthusiasm for working and saving. Keep reducing the rewards and we'll have more and more people developing the ''welfare mentality'' that is so often complained about.
    Old Geezer
    19th Dec 2017
    10:22am
    So Rainey we should waste twice as much as we do now on OAPs.
    Anonymous
    19th Dec 2017
    11:11am
    It's NOT WASTE, you nasty fool. It's an investment in social health and a growing economy. And yes, we should double it because the economic and social benefits would be massive.
    Old Geezer
    19th Dec 2017
    4:34pm
    A very poor investment then if it's not waste.
    Anonymous
    19th Dec 2017
    8:57pm
    No, it would be an EXCELLENT investment. It would save lives, generate happiness, improve living standards across the board, increase safety and security, improve health... It would be among the better investments this nation could make. But sadly the greedy will never allow it. They would rather the HIDEOUSLY BAD investment of allowing millions to be hoarded in tax havens continue.
    Old Geezer
    20th Dec 2017
    11:04am
    No Rainey if that was to happen we'd have a revolution as people would simply not want to work to pay for those who fail to help themselves because they simply could not be bothered.
    Anonymous
    20th Dec 2017
    6:20pm
    Who said anything about paying for people who couldn't be bothered to help themselves, OG. Not me! But there WILL be a revolution soon if the vile abuse of the needy and the disgusting hoarding of wealth and avoidance of taxes by the wealthy continues.

    I was talking about spending the same on aged pensions as other CIVILIZED nations do, thus showing respect for those who have contributed to the nation's prosperity in multiple ways for decades. The way a society treats its aged says a great deal about it's integrity and ethics. Sadly, Australia is demonstrating no integrity, ethics or even basic human decency. It is demonstrating vile greed and selfishness on the part of the more privileged, and contempt and cruelty for the people who SHOULD be being respected and cared for, as thanks for their huge contribution to the nation.
    Jim
    18th Dec 2017
    3:42pm
    Who has put forward the notion that migrants are paying towards the age pension isn't it just the case that if migrants are working then they are paying tax which goes towards revenue that pays for everything, why does there seem to be a suggestion inferred that because of migration our pensioners are better off, wouldn't the same argument apply if we didn't have any migration and all of the jobs and therefore all of the tax would be paid by locals, making the argument that no migration would mean more jobs for locals and all of the contribution towards the pension would be made by locals. No I am not against migration I am just wondering who has an agenda in making the claim that migration is good for pensioners.

    18th Dec 2017
    5:27pm
    Sorry to disappoint you labor supporters but our economic boom is real
    Shows out government policies are working

    Over the past year a near-record 383,300 more Australians have been funnelled into employment, all but 87,700 of them full-time. In the past month 61,600 were funnelled into work, all but 19,700 of them full-time.
    Tib
    18th Dec 2017
    5:40pm
    Raphael I'm very disappointed. :) champagne socialist can be like that. We are still going to win the next election :).
    Anonymous
    19th Dec 2017
    12:56pm
    Fake figures, Raphael. Most of those who found work are struggling to survive on the wages they receive or working two jobs to get by. Many can't get enough work hours to pay the bills. Immigration has ensured there are just as many unemployed as ever, and when the 2017 school leavers find their way into the statistics, the unemployment figures will blow out big time. There's no ''economic boom'' happening in Australia. Wages are stagnant. Pensioners are struggling. And consumer confidence is at an all-time low.
    Circum
    18th Dec 2017
    5:57pm
    4% of GDP on aged pensions compared to 10% elsewhere demonstrates how little australian governments about its elderly compared to other countries.This is a government responsibility to develop appropriate systems to look after the elderly including superannuation,pensions etc.
    Sadly in australia all the governments seem to want to do is plunder the funds of the elderly instead of guiding them to a brighter existence.Many countries overseas care but we dont seem to.The 4% is not something to be proud .
    Anonymous
    18th Dec 2017
    6:00pm
    If we had universal pension our would be 10% of GDP as well
    I think he pension amount is adequate , but it should be universal
    Old Geezer
    18th Dec 2017
    6:47pm
    That's because Australia only give welfare to those who have no other means of support not just to anyone because they have reached a certain age.
    Circum
    18th Dec 2017
    7:16pm
    Exactly the point OG.Our system imposes the responsibility on the individual..dog eat dog mentality...fend for yourself im ok jack.Other overseas systems take a more socially caring approach.
    You are talking welfare.I am not.I am talking about a system where people contribute thruout their working lives via taxes to be redeemed later when they retire like the governments future fund.Additional savings via superannuation could be made as well to enhance lifestyle.
    Like I said ,australia doesnt seem capable of thinking long term for the benefits of its people..too many accountants and consultants maybe?
    TREBOR
    18th Dec 2017
    8:35pm
    Outsourced ones and vastly overpaid, too..... and all old mates of the party.... why does treasury employ accountants etc at all then?
    Anonymous
    19th Dec 2017
    11:21am
    Sadly, in our current system those who contribute most get least and those who contribute least - or whose corruption, laziness and dishonestly does most social damage - get most. Of course that's why the likes of OG, who got plenty (and we all know how!) protest so loudly when anyone suggests the system should be reformed to give those who contribute most a little more and those who contribute least a little less. It will never happen, because those who contribute least use their unearned wealth to pay politicians to indulge their greed and selfishness.
    Old Geezer
    19th Dec 2017
    1:30pm
    Good idea Rainey as I have contributed more than most and but zilch back from my contribution.
    Anonymous
    19th Dec 2017
    2:04pm
    No, OG. You have NOT contributed. You don't understand what ''contributing' means. If you did, you wouldn't be so nasty and mean and selfish. ''Contributing'' means working for peanuts and doing extensive community and charity work and caring for loved ones for no reward and ending up financially challenged because your contributions were never considered of value in a materialistic dog-eat-dog world. You DID NOT contribute, because if you had you wouldn't be well off and you certainly wouldn't be saying the nasty things you say to those who HAVE made valuable contributions. (PS. Tax has NOTHING WHATEVER TO DO WITH the issue of contributing!)
    Old Geezer
    19th Dec 2017
    5:45pm
    Rainey you can work for peanuts if you like as peanuts simply don't like me at all.

    So I guess I got nominated a couple of times for citizen of the year for not contributing to the community? So I can't have a few bob and not also do good deeds? So if I pay not I'm not contributing? Wow I wonder how your little fancy world would even exist.
    Anonymous
    19th Dec 2017
    8:43pm
    You haven't contributed, OG, because those who do appreciate the contributions of those who are not well paid and want to see them rewarded for their endeavours. Only the greedy and selfish egomaniacs who were far too well paid devalue the contribution of those who don't enjoy high monetary reward for the endeavours.

    Few work for peanuts by choice, OG. But the capitalist society would fail if there weren't masses working for far less than they are worth. At some point in their lives, they are entitled to enjoy a reward - i.e. a comfortable retirement and the RESPECT they have earned.
    Old Geezer
    20th Dec 2017
    11:59am
    Agree Rainey those people would have no other means of support so with get welfare OAP when they reach retirement age. Well rewarded for their efforts.
    Anonymous
    20th Dec 2017
    6:05pm
    ''Well rewarded?" These are the people you and others here insult, abuse, denigrate, and declare should not enjoy even minimal comforts like being able to afford small gifts for their grandchildren. Stop the vile hypocrisy, OG. You are mean and selfish.
    Old Geezer
    21st Dec 2017
    5:39pm
    Rainey you just made my day. What do you want no welfare instead?
    Anonymous
    23rd Dec 2017
    2:09pm
    Yes, OG, it would delight you to hear that pensioners are hurting from all the insults and denigration and meanness. Of course it's YOU who wants NO WELFARE. What I want is what I've stated before I want to see - RESPECT AND COURTESY AND APPRECIATION, and a guaranteed comfortable retirement for ALL, plus fair reward for being responsible and diligent.

    18th Dec 2017
    7:12pm
    tib I hope so, it might wake the people up to the DODO''s who advise them in these columns of voting for labor, people need a reminder of how labor rooted Australia up under the reign of labor's egoistic intellect going by the name rudd(erless) or by his deputy who's greatest asset was when in strife hid behind the cry I am only a woman and hopefully they might wake up for what shorty stands for, just look at his attempt to protect one of his labor party mates who was selling Australia out. yes tib I say go for it and find out the hard way!
    Anonymous
    18th Dec 2017
    7:43pm
    Tib learnt the hard way about women
    Hopefully he won’t take as long to learn how devastaring another labor government will be

    If that happened God save Australia
    TREBOR
    18th Dec 2017
    8:39pm
    All parties are devastating at this time, Rafe.. not just Labor with their fixation on 'women's rights' to everything on demand, since Labor has been hopelessly infiltrated and compromised by 'feminist' leaning women.

    On the other hand it was the Fraser government that introduced affirmative action into the commonwealth public service..... how interesting... cost them many a fine and outstanding male officer. Now look at it - flooded with furruners and women, and no solid results anywhere - but when it comes to the strong arm of enforcement................... it's still up to men...... funny that.

    Women in the front line.... when they can keep up in all ways... the British Parachute Regiment has refused to allow women to not 'mill' as part of selection/training...
    Tib
    18th Dec 2017
    10:18pm
    I think you guys are trying to hurt my feelings. You know I'm a raving leftie. :) Trebor is right it's hard to vote labor when it's lost itself to feminist BS. I remember when labor used to represent working people. I feel like throwing my vote in the bin these days.
    Lookfar
    19th Dec 2017
    6:37pm
    heemskerkj99, Surely a mature voter will vote as to how a government has performed, because he or she is concerned about the future of Australia and our Children.
    Voting because you have always voted that way is mindless slavery to some past ancestor, who if they knew what you were doing for them would probably be bitterly ashamed, not that we know all ends, is a mindless activity.
    However you will have seen lots of posts on this site of how Rudd, despite all his many subsequent sins, ie destroying the Labour party for his personal petty revenge, (god what an f/wit) did nonetheless blunt the effect of that worldwide recession in Australia, - it is well documented, he did well by us, Thankyou Kevin Rudd, - give credit where it is due.
    We have to look beyond 'parties', - (actually rather an apt name,) if you think about it, :) and look at it objectively, - come on, balance all the facts and arguments, - step back and analyse, then feel, - it worked what he did, can we learn from that?
    By confining yourself to just one jaundiced view, you lose your agency, your ability to play your part in a Democracy, - wow, we live in a Democracy, how many people in the past suffered massive torture and death at the whim of some emperor or diseased relative? please wake up, heemskerk, for the first time ever we live in a Democracy, we can assist our own development, - but not by supporting old corrupt ideas, like 'rich is good, rich people are the best, rich should rule the Earth,' they did that in Rome and died in bloody slaughter, - there is no wisdom in 'rich is best', on the contrary, over indulgence in personal egotism is always destructive, because it doesn't see the whole picture - we try to teach our children that fundamental truth, 'me me me' goes no where, save your priceless vote to do the best, - balancing all sides, not supporting the current party, despite total incompetence and blind corruption, just because 'you always have'.
    I am not advocating any party, although in Queensland, where i live, I voted for that Maria P, person, not just that she decided not to support Adani, but that she decided to not play muck-about for another year or so with trying to govern when she didn't have the numbers, but just threw it back to the Electorate to re-elect her or not, cut the BS, - I sort of hoped Turnbull would get the message, - naive of me, he did not, perhaps could not? and will have to suffer the consequences, well deserved or not, - so it goes.
    Cheers,
    Geoff.
    Kaz
    18th Dec 2017
    7:53pm
    And no, I'm happy not to work. I started at 17 and I want to do some other nice things in my life without the alarm clock.
    musicveg
    18th Dec 2017
    9:24pm
    Yep they want the oldies to work till they drop while young people cannot get a start in life and have to stay on the 'cheaper for the government' Newstart allowance, whilst the pollies get a boost in their income and subsidies continue for big business to make enormous profits.

    19th Dec 2017
    6:31am
    Is there a contradiction in this article, or an important message to our idiot pollies? 3/4 of the aged in Australia rely on a pension, but only 1/4 in other countries, yet in other countries pensions are universal - not means tested. Perhaps making the pension universal - as it clearly SHOULD be - would drive much higher rates of saving (since saving would cease to be punished!) and higher workforce participation by the aged (since earning would cease to be punished) and therefore reduced reliance on the pension.

    Seems to me means testing is doing little to benefit society but providing a massive disincentive to contributing much to one's own retirement. Not surprising, when taking a world cruise, buying a huge expensive house, or gifting to the kids before turning 60 yields huge rewards but retaining a few hundred K extra is punished harshly. What a STUPID system!
    Rae
    19th Dec 2017
    7:56am
    Means testing encourages the black economy and cash hoarding Rainey simply because it lacks fairness or equity. Savers and those successful are discriminated against under these policies and so of course they actively try to get a share of what others are getting.

    This is why sensible countries and fair countries have a universal pension system. It also helps support the local businesses as cash flow increases.
    Anonymous
    19th Dec 2017
    11:07am
    Agreed Rae. But you will never get the selfish to agree. They are stupid enough to think that just whacking harder with a bigger stick will fix everything.
    Old Geezer
    20th Dec 2017
    10:56am
    That's why they need to roll out the welfare card to all on welfare ASAP to stop people hoarding money and the black economy.
    Rae
    20th Dec 2017
    11:39am
    The company the LNP set up to supply the card has taken the money and run OG. Great if you can get away with millions of taxpayer dollars.

    The stores involved just increased prices once they had captive consumers. Like they always do.

    If you are going to go the welfare card route you'd need a country where government and business aren't corrupt and we are a long way off that here now.

    Possibly food stamps may come if the economy gets worse. I can't see improvement as billions in austerity measures hit Main Street businesses.

    Tax cuts for companies that pay no tax won't help at all especially as their cashflow dries up due to government policy.

    The LNP think the ALP will win and hope to leave a disaster for them. I hope the LNP get back in and have to wear the pain they will cause in a year or so.
    Old Geezer
    20th Dec 2017
    11:56am
    Yes that company is now in liquidation with who knows who has all those millions that it was supposed to me making according to the likes of AIM etc.

    Agree LNP is going to leave Labor a disaster which they will have little hope of fixing. God help us if we get a heap of independents in parliament who do nothing but fight among themselves.

    If the LNP get back in them there will be a lot of pain for a lot of people in this country.

    There are going to be few if any winners out of this.
    Anonymous
    20th Dec 2017
    5:23pm
    Here you go again with your DUMB selfish arguments, supporting fraud by the privileged that hurts the most disadvantaged. Okay for a company to steal millions, but not for the poor to have a few dollars in their purse to spend as they wish. Now that the privileged have ripped the nation off for millions, lets set up another mob to do it again! Some people are just unbelievable!
    Not Senile Yet!
    19th Dec 2017
    10:05am
    You guys are sure antiquated and fixed in the past!
    Social Welfare is not the Aged Pension!
    Both Labor & Libs colluded during the 90s to raid the Pension Retirement Fund. 7.5% of all taxes went into it and it was worth Billions.
    They found the Loophole!
    A mistake was made in setting it up!
    A clause allowed access if both Major Parties Agreed! That was put their on the Assumption that Neither would. But once it sccumunlated to Billions the Parties started to Salvitate with possibilities!
    PM Malcolm Fraser struck the deal by Compulsory Super as a Trade Off.
    BINGO! Labor agreed!
    The Carrot was to use it to Stimulate the Slow Economy and the Grand Bribe?
    Yep! A Brand New Parliament House for Mp's!
    The rest used for Infrastructure!
    Those Billions were to pay for 50% of the Age Pensions as the Population Aged!
    Greatest Legal Theft in Australia's History!
    But a Brand New Parliament just was too irresistable! Not to mention Super removing responsibility for Pensions...or so they hoped!
    As for the retired accessing work?
    They can't because the Govt refuses to change/update it's antiquated limits on the amount allowed before loosing part of uour Pension! Talk about Dumb & Dumber policies?
    $200 a fortnight? Really?
    1 day on Casual rates = $
    So anyone who works gets penalised Twice!
    They pay a higher tax Rate cos taxed on Holiday and loading plus they loose part of their Pension?
    Stupidity rules!
    The older Generation spend it anyway....so also pay 10% GST as well.
    Time they re-Think that?
    Pensioners should be allowed to earn $400 a fortnight and do so Tax free!
    They add to their Super (compulsory)
    They 10% GST cos they spend it!
    It should be a reward not a Punishment!
    Plus guess what?
    They will fill the car up...more tax...buy more movie tickets...fast food & coffee...take the Grandkids out more...or simply go on more outings! All of which boosts the economy...keeps them healthier ( less drain on Health Services)
    But hey!
    The Politicians really can't think beyond being a Party member who shuts up and does as he/she is told!
    No idea whatsoever about Economics and the Power of People having extra to Spend!
    All they know is Cut Cut Cut to save!
    Total Imbeciles!
    Old Geezer
    19th Dec 2017
    10:24am
    That's because the OAP is welfare and should only be paid to those who have no other means of support. If you earn money or have assets then you have at least some means of support and your OAP should be adjusted accordingly.
    Anonymous
    19th Dec 2017
    11:08am
    No, that's because the OAP is NOT welfare and should be paid to all aged persons. Then people wouldn't have an incentive to cheat or manipulate but there would be strong incentives to work harder and save more.
    Old Geezer
    19th Dec 2017
    4:32pm
    So you think I should get the OAP. Maybe I could spend it on something that is nice to have. Go first class instead of economy when I fly maybe. Food for thought.
    Anonymous
    19th Dec 2017
    8:27pm
    Why shouldn't you enjoy a retirement benefit? Of course those who don't need it SHOULD be taxed on their entire income.
    Old Geezer
    20th Dec 2017
    10:42am
    No problem I'll just change my affairs to earn less income and pay same amount of tax I do now.
    Rae
    20th Dec 2017
    11:43am
    That's right OG. You can change your affairs.

    Also unaffordable and simply nice to have is the 50% discount on speculative capital gains and the tax concessions for superannuation and health insurance.

    If we are cutting and are fair those need fixing as well.
    Old Geezer
    20th Dec 2017
    11:51am
    Then no one would bother buying assets and selling them, having super or health insurance. Assets would be hoarded and markets would collapse. Sounds like an awesome plan to me.
    Anonymous
    20th Dec 2017
    5:17pm
    No more awesome than cutting incomes of those whose spending keeps the economy growing. But the rich always bully and threaten to get their own greedy way, and demand that the poor pay for their greed and selfishness. You are just confirming how vile and disgustingly self-centred the wealthy are.
    Bonny
    20th Dec 2017
    7:49pm
    Don't worry Rainey the new crypticcurrencies will bypass everything and the rich won't have to worry about CGT or paying any other taxes. We have had credit cards owned by no one for well over 10 years now. Money is paid into them and cash drawn from ATMs.
    floss
    19th Dec 2017
    10:29am
    Look at our major cities and then try to tell be forced population is good, wake up Australia.
    Anonymous
    19th Dec 2017
    1:07pm
    Big cities are great

    So much vibrancy and character
    Lookfar
    19th Dec 2017
    4:51pm
    Yes Floss, I know how you feel, although I am not sure if the 'time of cities' is over, - certainly they are generally ecological disasters, and typically built near the coast for trade and because the seaward side of river's Deltas is usually hugely fertile, so they and their farmlands are hugely vulnerable to sea level rise from Global Warming. - Pehaps it is adapt or die, the cities will take responsability or not, if not they will die, but they did have the choice, so they have to decide to die, - very few people living in big cities can claim that they are not well informed, - with the exception of the odd air-head, of course but his name sake is famed for more than just healing, 'Raphael is one of seven angels who forgot God's commandments, but he will remember them later.' - will later be soon enough?
    Anonymous
    19th Dec 2017
    5:26pm
    I'm an atheist
    And only a smelly tree-hugger can't see beauty, culture and human creativity in the streets and cultural treasures of London, Paris, Rome, N.Y, Sydney, Melbourne .........
    Old Geezer
    20th Dec 2017
    11:05am
    Give me a home among the gum trees any old day to that city mess.

    19th Dec 2017
    7:32pm
    blinded, alias lookfar but can't see, just keep on preaching and you might outdo your prophet tim flannery who once delared that the sea level would rise 15 to 20 metres and promptly purchased a property on a tidal river and changed his tune and predicted no matter how much rain fell it would never even impragnate the soil let alone fill up our dams and for all those prophesies he received from labor the title of australian of the year and which is since known as the title for who can come up with the biggest furphies on global warming.
    blinded (lookfar but can't see) must be getting ready for that title,
    Lookfar
    20th Dec 2017
    1:32pm
    Dear Heemskerk, there are none so blind as those who will not see, even the AEMC, the Australian Electricity Regulator, grudgingly admits that Solar and Wind will lower electricity prices, and looking at the cascading contraction of Coal all over the world, the following statement is particularly poignant, this structural decline was acknowledged by Roy Green, the incoming Chairman of the Port of Newcastle (the largest coal export port in the world), who today stated: “Essentially this spells a new era for Port of Newcastle. The world’s biggest coal port is now preparing for the end of coal.”
    Are you prepared to chip off those scales over your eyes?
    Well. even if you can't, others might be interested in the latest survey in Germany, on their renewable energy programme,
    https://energytransition.org/2017/12/new-study-germans-still-support-the-energiewende/
    The world is waking up to the reality of Global Warming, despite the greedy rich trying to hide it.
    Cat
    19th Dec 2017
    11:11pm
    And what about the 20 per cent of the Australian population who are disabled and will go onto the age pension with no superannuation at all because of no opportunity to work during their lives. More bad news is that the 20 per cent is increasing with the aging population. It sickens me that the government won't insist that at least some of the jobs go to people with a disability who want the opportunity but are LOCKED OUT TOTALLY because of the disability because not even a minor adjustment and support will be made to include them and training provided when a disability prevents a person doing a job that they were trained for. It's disgraceful that there are so many people on disability who would like to work in sustainable employment but won't be given the opportunity or chance because no one will accommodate anyone with a disability so they can be included.
    Old Geezer
    20th Dec 2017
    10:40am
    20% disabled? Sounds to me like many of them want to be disabled so they not work and get welfare instead.
    Anonymous
    20th Dec 2017
    4:18pm
    Is phobia of work or addition to substance abuse or dependency on the dole considered a disbility these days.

    Must be the new PC definition

    20th Dec 2017
    6:12pm
    blinded, the alias of lookfar and still can't see, take away the concessions on the so called renewable energy and put the same taxes on renewable power as on coal, the victorian labor government last year put an exta 30% tax on coal which caused that plant to close and then we might see a drop in prices, to believe that the sun and wind will give us the 24 hour electricity security needed to sustain this country is like believing in father Christmas which reading by your comments is quite a possibility in your case, as for the rest of your ramblings of coal is finished just google to find out how many new coal fired power stations have and are being build in Asia, most of the coal supplied by Australia and also it might come as a shock to you how many in Germany and in europe then you might realise who got scales over his/her eyes!
    and if you are still not convinced come and see, sorry feel, smell the hundreds of diesel powered generators in victoria and south australia ready to take up the slack caused by closing coal fired plants in these states, n.s.w is next on the list, to provide the electricity your so beloved sun and wind mills are unable to supply, in victoria alone there was an 30% increase in the power prices when they closed one coal fired plant who delivered only 25% of victoria's needs and now we have to use diesel generators, treat them equal and it would not be hard to see which would be the cheapest supply option.

    20th Dec 2017
    6:12pm
    blinded, the alias of lookfar and still can't see, take away the concessions on the so called renewable energy and put the same taxes on renewable power as on coal, the victorian labor government last year put an exta 30% tax on coal which caused that plant to close and then we might see a drop in prices, to believe that the sun and wind will give us the 24 hour electricity security needed to sustain this country is like believing in father Christmas which reading by your comments is quite a possibility in your case, as for the rest of your ramblings of coal is finished just google to find out how many new coal fired power stations have and are being build in Asia, most of the coal supplied by Australia and also it might come as a shock to you how many in Germany and in europe then you might realise who got scales over his/her eyes!
    and if you are still not convinced come and see, sorry feel, smell the hundreds of diesel powered generators in victoria and south australia ready to take up the slack caused by closing coal fired plants in these states, n.s.w is next on the list, to provide the electricity your so beloved sun and wind mills are unable to supply, in victoria alone there was an 30% increase in the power prices when they closed one coal fired plant who delivered only 25% of victoria's needs and now we have to use diesel generators, treat them equal and it would not be hard to see which would be the cheapest supply option.
    Anonymous
    20th Dec 2017
    6:23pm
    heemskerk99, you are displaying gross ignorance. The sun CAN give us 24 hour electricity, if the coal and oil barons would quell their greed and recognize that we need to stop polluting the earth or it will be destroyed.
    Lookfar
    20th Dec 2017
    9:39pm
    Heemskerk, you have totally ignored the two very public pieces of information in favour of your own internal ramblings, as the AEMC has admitted, those bigots, denying Australia's progress have reluctantly admitted, that Solar and Wind is cheaper, then by all that makes sense, it is cheaper, end of discussion, stop whinging.
    To ignore the incoming Director of the Port of Newcastle when he says that Newcastle, the world's biggest Coal Port has to prepare for the End of Coal is not a small thing, whatever you clutch to your heart about people having back-up generators, in response to so many blackouts from coal fired generators...
    Look at America, coal fired generators closing down every week, wind and solar putting in hundreds of gigabytes, why? - because coal fired power costs $30; a megawatt hour and Wind cost $20; per megawatt hour, - go figure.
    In America, the bastion of free enterprise competition, the retailers make the decision, buy expensive coal power and go broke, because your customers desert you in droves, or buy cheap Wind and Solar power and stay in business, of course leaving enough money aside to provide gas or hydro or whatever to fill up the spaces.
    UK now going the same way, - go on, get on the internet, open your eyes and have a look around, the coal industry is dying, no need for you to follow it into its' grave, the AEMC has finally admitted it is wrong, kicking and screaming every inch of the way, it's claws grasping the sand, be a man and admit you are wrong also, I will think no worse of you for having the courage to do that.
    Or are you so delusional you think that Trump will save the coal industry? too little, too late, history has passed him by, sorry.
    Well, this is all a bit off topic, but on the other hand as the article punctured the bubble of misconceptions about immigrants, perhaps it is relevant in that respect, we all benefit by having our bubbles of misconceptions punctured.
    Bonny
    22nd Dec 2017
    7:01am
    One has only to look at SA where they got rid of coal fired power stations in favor or renewals. Guess what they now have made a massive investments in diesel generation as a backup. You will find US and UK have done something similar as we'll. If I was a betting personal I out my money on the eastern seaboard of Aus going nuclear as a backup for power generation.


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