It’s all your fault… apparently

Those over 50 could be forgiven for thinking they are to blame for the country’s misfortunes.

It’s all your fault… apparently

Thanks to the language surrounding the reporting of the fourth Intergenerational Report (IGR4), those over 50 could be forgiven for thinking they are to blame for all the country’s misfortunes. Yet this is precisely the generation which the government thinks can help save our economy by simply working longer and expecting less.

The grey army marches back to work, Grey cloud on the horizon and Older Australians and women need to be encouraged to work more, are just some of the screaming headlines which indicate that the current ‘older’ generation is to blame for the ageing population ‘burden’ predicted in the IGR4 and must be the ones who correct the situation.

Suggesting that the ‘grey army’ needs to get back to work highlights the notion that those in the baby boomer generation are sitting back and relaxing – I don’t think so. And if any generation or gender needs to be ‘encouraged to work more’, I doubt that it is those over 50, or women who have had to go back to work, often working more than one job, in order to try and add to their meager superannuation savings.

And honestly, Grey cloud on the horizon simply disregards the fact that many Australians age 50 and over not only work hard and contribute more to the economy than many of their younger counterparts. It’s also worth noting that this will be the generation which is least likely to receive an Age Pension, will have to fund their own retirement with fewer years preparation to do so and, will more than likely go into retirement with a mortgage debt.

Few people will take the time to dig down into the detail of the Intergenerational Report and this is understandable. So much conjecture and many questionable predictions are quoted as fact, yet a report which covers a span of 40 years will surely require continual review and modification. And perhaps this is what the government was counting on when it detailed the savings it would make from changes to the Age Pension indexation and increase to Age Pension eligibility age. Despite the fact that such changes are still to pass through the Senate, Tony Abbott is banking on them to boost the economy – but at what cost to older Australians?

Do you think the language surrounding the Intergenerational Report is negative? Do you consider yourself a burden on the economy? Does the report really have any value in its current format?





    COMMENTS

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    Virginia
    9th Mar 2015
    9:55am
    Over 50's are much more responsible with money generally than those under who almost always want instant gratification for bigger homes latest gadgets and fashion. I had a small affordable home as my first and then upgraded. I still went on to improve it as I could afford.
    I never bought what I could not afford. What was pure luxury has become dire necessity now. Most could do with a trip overseas to sea what is actually necessary.
    Patriot
    9th Mar 2015
    12:05pm
    Virginia,
    That's exactly why you (& many others of our age) are to blame.
    You're NOT down to your "last cent" & not "into debt to over your ears" and so you have FAILED to STIMULATE the Australian Economy & be more of a SLAVE to the bankers than you need to be.
    moke
    12th Mar 2015
    4:58pm
    I have a relative when suggest that he should save for the deposit on a home I was informed that you could not live the good life and save as well. his rent is now $550 dollars a week OH! dear when do they learn like we did.
    surfer
    9th Mar 2015
    10:01am
    The Labor government under Krudd was responsible for our tremendous debt. We were in credit before that drongo came to power. We were dealing with people that are unable to manage finance during those years. They just borrow and hope. Absolute losers. It has nothing to do with the over 50's who were brought up to only buy what they could afford. Our whole country is now living beyond its means and things will hit the fan in the future. Imagine that garden gnome Shorten in power. My mind boggles.
    particolor
    9th Mar 2015
    10:20am
    And the Flip Side of this record is Tony Baloney and the Smokey Joe Band !!
    surfer
    9th Mar 2015
    11:36am
    Quite agree particolor, Self seeking lot with very little natural ability. Overpaid wankers. You only have to see the idiotic performance and time wasteing in parliment on TV. Like a pack of kindergarten kids. Pathetic.
    particolor
    9th Mar 2015
    12:27pm
    Yes I prefer to listen to the Shenanigans on radio, I don't have to look at the Pigs !! :-)
    And the only thing I have enjoyed hearing lately was last weeks Lanby Serve !! :-)
    See what a University Degree gets You nowadays ? A job in the CIRCUS !! :-(
    Patriot
    9th Mar 2015
    1:07pm
    Particolor,
    Well Put.
    It's a CHARADE - and they know it.
    The STAGE is set & the actors are well paid - now and into the future!
    particolor
    9th Mar 2015
    1:22pm
    Speaking of Circuses ! They are phasing out Elephants now !! Who is going to do the Heavy Lifting ! :-)
    gilstamp
    9th Mar 2015
    1:25pm
    surfer, you are just repeating the fiction that this government has invented to cement their position. Find some facts for yourself.
    Patriot
    9th Mar 2015
    2:30pm
    gilstamp,
    And FICTION it is!
    surfer
    9th Mar 2015
    4:00pm
    Well you bright scholars, How do you go from 19 Billion in credit to hundreds of billions in debit in such a short time??? This period was when we had record income from mining. I don't know where the fiction came from. Perhaps the world's greatest treasurer. MR SWAN. Wake up!!!!
    Kato
    9th Mar 2015
    10:22pm
    smoking on the tv whinging about bad press. Are the taxpayers funding his court case?
    Reckons pensioners should toughen up . look in the mirror Joe. You have had it to soft for to long.
    surfer
    9th Mar 2015
    10:01am
    The Labor government under Krudd was responsible for our tremendous debt. We were in credit before that drongo came to power. We were dealing with people that are unable to manage finance during those years. They just borrow and hope. Absolute losers. It has nothing to do with the over 50's who were brought up to only buy what they could afford. Our whole country is now living beyond its means and things will hit the fan in the future. Imagine that garden gnome Shorten in power. My mind boggles.
    Nan Norma
    9th Mar 2015
    10:11am
    surfer. Personal insults don't become you.
    Adrianus
    9th Mar 2015
    10:22am
    surfer, you are correct, we are to blame for putting those inexperienced people in government. Most of us voted for ALP because we liked Rudd's language and the way he flicked his hair back into place. Not to mention the selfies and earwax eating. He was one of us. The brakes went on the economy in 2008 and Swan and Rudd had no idea what to do but take advice from other world leaders who had their own country's best interest in mind. We desperately needed Howard for another term. Yes us over 50's are up to our ears in blame. But what are we going to do about it now??
    particolor
    9th Mar 2015
    10:50am
    We need Howard Back like Pound of Ear Wax !! :-(
    surfer
    9th Mar 2015
    11:42am
    No Nan Norma, not insults, but the truth. Sometimes the truth hurts. Wake up Australia, get rid of all state governments with the dead wood and duplication. Then reduce the tax burden on your best workers and give them help. Cut out welfare to blow ins from other countries and make it much harder to get citizenship. Only grant it to those that are happy to join or traditional values. Lets all learn how to work again!!!!!??? Hopefully.
    particolor
    9th Mar 2015
    11:46am
    Good Grief ! I AGREE with You Surfer !! :-)
    Patriot
    9th Mar 2015
    12:12pm
    Surfer,
    Over 50s are only to blame for "One Thing"
    They TRUSTED the Pollies to "Do the right thing" and did NOT COUNT ON being sold out to the International Corporations.
    They did not DILLIGENTLY apply "Checks & Balances" on their Elected Representatives from EITHER PARTY.
    Generally, they worked hard and made this country what it is now - or should I say WAS before it was SOLD OUT to the LOWEST BIDDER!!!!
    Gra
    9th Mar 2015
    12:21pm
    Here here Patriot, that sums it up rather well. You only have to look around at the way our country is being raped and pillaged by the big corporations. There is no thought given to the future of this country or the generations that will follow us. What is this government doing and what has been done by previous governments to protect our natural assets? Absolutely nothing. I wonder when those we have elected to manage our country will wake from their reverie and realize what they are doing?
    Anonymous
    9th Mar 2015
    12:45pm
    Surfer - It is completely fallacious to state that one Labor leader managed to send Australia into deep debt within a few years.
    The statistical figures put your claims into the political lie bracket.

    Australia has one of the lowest National debt levels of any OECD country.
    The Govt debt is not even a 1/4 of what Australias national debt was after WW2.
    Yet, we managed to pay off that war debt and advance in wealth and national stature - with a lot less equipment, people and technology.

    What successive Govts have lacked, is the intestinal fortitude to ensure that the corporate sector pay their fair share of taxes!
    For far too long, smartarse corporate lawyers and accountants have manipulated income, corporate structures and movement of monies, to ensure that they avoided paying the designated amounts of tax .
    This is not tax minimisation, it is outright, illegal, tax system manipulation.
    The corporate entities can easily pay millions, to thousands of these scheming lawyers and accountants, to ensure they pay tens of millions less tax.

    It's high time politicians of every persuasion, agreed on a concerted effort to ensure that the corporate sector bears its proper burden of tax payments, instead of the major burden falling on wages and salary workers and GST receipts.
    It's high time the ATO was properly funded and applied itself to seeking out corporate schemes, structures and aims, that are designed purely to totally pervert the application and intention of tax laws and tax payments.
    Adrianus
    9th Mar 2015
    1:35pm
    Aaron, would these be the same corporations Rudd gave our taxes to? If these corporations are behaving illegally then isn't it a matter for our justice system rather than using the matter as political mud flinging?
    Patriot
    9th Mar 2015
    1:59pm
    Frank,
    The government (both sides) are into legislating everything & anything.
    Why have they NOT legislated to strip Taxes from the FATCATS.
    Current government certainly does NOT and neither did the previous!
    Patriot
    9th Mar 2015
    2:33pm
    Aaron, Read YE & absorb,
    Money should be the least of Australia's worry!

    https://archive.org/details/TheMoneyTrick
    tia-maria
    9th Mar 2015
    3:15pm
    Some of you boys need to open up your eyes.......... and just see what the Liberal Party............. done to us and simply stop blaming the Labor.......Boys your blowing too much hot air out guys.
    Adrianus
    9th Mar 2015
    3:32pm
    Patriot, The ALP whined for 6 years about multinationals and their geo revenues but did nothing. They are still whinging about it in the hope of making up political ground. The Abbott government did likewise and promised to have them pay their taxes. Following the G20 this government admitted it was impossible. There will always be countries who benefit from lower corporate tax rates like Ireland and Canada. Maybe Australia should join them? Rudd thought so in promising NT a 15% company tax rate. It's a problem we had with mining. Tax too much and you will kill off the industry. Over the years I have seen many businesses leave Australia. Let's face it, we have a high cost yet very small market. It's no skin lost for a multinational to pull out or sell into OZ from abroad.
    Patriot
    9th Mar 2015
    6:34pm
    Frank,
    These same businesses went to other countries because of "Cheap (Slave) Labour".
    They could do this because we DO NOT have import duties to give our OWN industries a FAIR chance with a LEVEL PLAYING FIELD to benefit AUSTRALIA rather than the Globalists!
    As discussed, That's why our dole ques are so long and getting longer as time moves along.
    Thast's why the welfare costs in OZ are "Blowing every Budget".
    Patriot
    9th Mar 2015
    6:37pm
    Neither party DARES to make the proper dicision because they are BOTH controlled by the International Banks & Industrialists.
    They DO NOT work for US, they work FOR THEM!!!
    particolor
    9th Mar 2015
    6:51pm
    Make Jaki Lanby PM She will straighten all the Conspirators up !! :-)
    mangomick
    9th Mar 2015
    6:55pm
    No Surfer. It's too late for Australia to learn how to work again. The Workplace Health and Safety Industry has succeeded in getting rid of Australians great work ethic and has obliterated common sense completely from the workplace.
    particolor
    9th Mar 2015
    7:07pm
    Yes You even have to put a Bib on now to eat Your Lunch !! :-) :-)
    Adrianus
    9th Mar 2015
    7:12pm
    Agree mango, will we get back to the job at hand one day?
    Anonymous
    14th Mar 2015
    8:37am
    In my opinion Swan was totally out of his depth as Treasurer.
    particolor
    14th Mar 2015
    2:36pm
    And Tony's out of His as Life Saver !! :-)
    dougie
    9th Mar 2015
    10:01am
    I think that we the Senior Citizens of Australia who hold a large section of the vote should be able to have a forum through the Minister's Office to put forward our thoughts on the payment of pensions and benefits. Such a forum should be carried out with a reasonable attitude and not the normal demanding name calling that seems to go on. We need to realise that there are problems within the economy and politicians need to know that we are not a bunch of wingers but the people who have contributed to the wealth of the nation. Many of us did not have the advantage of Superannuation or wealth funds as we just did the best we could for our families. Since compulsory Superannuation was introduced most workers will have the opportunity in the future to retire with sufficient funds to look after themselves totally or in part.
    Look after those who have contributed to the nations wealth and need this help in todays life. Remember many of us worked when a good wage was $20-00 to $40-00 per week and we raised our families on that alone. No working wives, that was not allowed, no subsidies for first home buyers or subsidies for child care etc. In today's climate where people go out and spend more on dinner and drinks than any one of us dreamed of earning per week, those are the ones who should be targeted.
    But please let us have a discussion not an abuse of the system, maybe something will be gained.
    Hobbit
    9th Mar 2015
    12:26pm
    Agree Dougie.
    Pensioners need to remind Pollies that we are still paying taxes via GST and many other Government fees. Income tax is only a small part of Government revenue.
    Patriot
    9th Mar 2015
    1:02pm
    Hobbit,
    Indeed, Indirect taxes are not as VISIBLE but much more punative & volumnous than payroll tax.
    particolor
    9th Mar 2015
    1:27pm
    I reminded them yesterday on another Blog !! Pensioners pay back Half their Pension in Taxes !! :-( So they can change their Rubbery Figures that they Shove down Peoples Throats !! !!!
    brainstraina
    9th Mar 2015
    3:53pm
    dougie; you took the words out of my mouth. Most of the younger pollies would not know what you're talking about. I'm sure they believe we have all been paid fair wages and have healthy superannuation for our retirements.
    Just briefly, in my own experience; residing in a country town (population 6 - 7 thousand) 2 hrs. from a capital city; after 10 years in the job (there had been several other jobs in the same town over 40 years) I retired at 65 to care for a terminally ill family member. There was no superannuation being paid until the last 3 years of my employment. The employer (from the city) 'could not afford' to go back any further. This was 6 years ago and until that point I was being paid $11.30 an hour and that was after a pay increase 2 years previously.
    Yes, I know!! All you city folk are laughing and asking why I did not complain to 'whomever'. The simple answer; I needed the job. Those who live in towns of that size understand that most positions (except for professionals or tradies) are gained by the 'whom you know; not what you know' system.
    The job was not about being paid for nothing. Christmas Day was the only day the shop was closed. All weekends and public holidays were paid at the flat rate. It was working alone for days/weeks at a time. It included opening and closing shop, banking, balancing daily, receiving stock, unpacking, arranging new stock for display. Much of stock was heavy, small machinery i.e. generators, welders, air-compressors and air and hand tools, wheelbarrows, trolleys.
    In other words it was 'work'. It also included ordering, customer relations, returns for warranty. And of course cleaning. Everything.

    You might say it was a responsible position. I was 'officially' titled 'shop assistant."

    Eventually I did ask for some assistance and from then gradually was able to somewhat cut back on the number of days worked.

    I am not ashamed to take my pension; though I truly am grateful to receive it.
    There was nothing that I could have changed In those last 40 years except in hindsight; should perhaps not have made the move from the city.
    brainstraina
    9th Mar 2015
    3:57pm
    Dougie,

    Forgot to mention that I am female. lol
    dougie
    9th Mar 2015
    4:34pm
    brainstraina,

    And all of my congrats to you. I worked for many years for large multi nationals and they did not care too much either. In my latter years I worked with unemployed and unemployable and people with disabilities. Neither particularly well paid but the latter were the best and personally most productive years of my life. When I retired I did so knowing that the love and care of these people went with me. I could make a difference in their lives and I did that. This was better than all the money I could have earned elsewhere.
    Nan Norma
    9th Mar 2015
    10:08am
    Most older Australians started work at 14 and are now being asked to keep working till well past the former retirement age. At the younger end they are now studying much longer, many not working until in their 20's. So the older end while starting work very young are now supporting todays younger ones.
    Women are are now expected to work outside the home has soon as possible. But who, I ask, are going to care for elderly parents and grandchildren if women are all working. All this causes a lot of stress on families.
    lizzier
    9th Mar 2015
    10:25am
    Totally agree, Nan. The value of carers from within the family or community is grossly underestimated. When families are not available to care for their own, the cost to the taxpayer is generally greater than the tax they would pay in employment. Likewise childcare - but that's a can if worms!
    Patriot
    9th Mar 2015
    12:26pm
    lizzier,
    Totally corect.
    However, such action would promote cohesiveness within families, communities & countries. Therefore, it is NOT in the INTEREST of the Corporation who are looking for DISCONNECTING people from everything that SHOULD be dear to all of us collectively.

    Women (or men for that matter) can be "Liberated" within a framework of a functional family unit as their caring & nurtuting of "Little Ones" has enormous value to communities (in general). They have the opportunity to make enormous contributions. What is more valuable & important to Australia than having a major input into the FORMATIVE years of the NEXT Generation.
    Than again, if it is more economically viable, let the man look after the kids & do the housework and the women "Earn the Dollars". Little does it matter who!
    I very much believe in the equality of men/women & every (human) being for that matter!. However, I am convinced that this CONCEPT (Women's Liberation) has been "Used & Abused" to tear Family Units & Communities apart.
    We have BEEN DISCONNECTED form everything that should be dear!
    TREBOR
    9th Mar 2015
    12:27pm
    Well put, Nan... it is indeed unfortunate that to even attempt to break even, a family now needs two incomes instead of one.
    TREBOR
    9th Mar 2015
    12:28pm
    Wow, Patriot - you have been reading my books...
    particolor
    9th Mar 2015
    12:36pm
    Make that Three now ! I'm sending Granma out to work !! :-(
    Patriot
    9th Mar 2015
    4:14pm
    tia-maria
    Who's going to pay for the airfares as all OUR jobs are now in: India, Philippines, Ceylon, Thailand, China etc.
    And even in thoise places thgey'll probably have to compete 100 to 1 to get a job!
    tia-maria
    9th Mar 2015
    5:11pm
    Patriot, point taken............again stop paying dole bludgers........if their from overseas they can swim back the way they came in......... and find another place to bludge off.
    particolor
    9th Mar 2015
    5:26pm
    No !! We like it here ! :-)
    fat
    9th Mar 2015
    10:16am
    the labour gov. was not responsible for the debt it saved us from the financial crisis brought about by greedy right wing people. thank god the liberals weren't in when this happened they would have tried to correct it by cutting taxes which only helps the one earning enough to pay tax. the ones who needed help would have got none or very little. people should remember this.the earlier governments are to blame selling off all our assets to claim they are money managers because they have a big surplus. now they have nothing bringing in any cash so they have to increase taxes or cut spending which helps nobody.
    surfer
    9th Mar 2015
    11:46am
    Is that right???? Well Capt Bligh and Beattie managed to bank rupt Queensland. From credit to 80 Billion in debt in a few years. Plus we lost our AAA credit rating. Come on, Labor ites could never handle money and never will.
    Tom Tank
    9th Mar 2015
    11:58am
    Typical Queenslander being unable to see past their own little dung heap.
    tia-maria
    9th Mar 2015
    3:26pm
    Well your certainly at it today again Surfer??.......... you need to stop being so blinded by your Liberal Party.....PM Abbott and Joe Hockey are the ones you should attack instead us with our Labor opinions
    surfer
    9th Mar 2015
    4:10pm
    Tia-Maria, I do attack them to and they are no better than the previous lot. Until we only have one federal government we are doomed. No one seems to realize we need about three men to do the job of one in this country. Tom Tank does not seem to like the truth.
    particolor
    9th Mar 2015
    4:27pm
    They don't care about Us !! They are only worried now about keeping the Money Train Running to themselves and their Bosses ! -:-(
    tia-maria
    9th Mar 2015
    5:15pm
    Surfer, point taken that's fare you see the writing on the wall from both sides of politics..........as all these DH are only interested in is .......... lining their own pocket.....retired with a golden hand shake and the perks that go with it........and screw the taxpayers.
    Trish the fish
    9th Mar 2015
    10:16am
    I am in total agreeance with Dougie
    lizzier
    9th Mar 2015
    10:20am
    I don't agree with targeting any one group in our community - but rather looking generally at the rorts and loopholes. These seem to exist in every sector - in fact I feel some Australians are making an art form of exploiting them. Whether it be that little cash in hand job, that little tax claim, that complex business arrangement or of course the reported behaviours of the large companies. Taxpayer support is available to ensure that the people of this country can live a reasonable standard of living and to ensure sustainability in business. It is not an entitlement.
    I believe it is beholden on every single person to look at their own behaviours and consider if they need this particular taxpayer subsidy, or do I want it because I feel I am entitled to it. Our mindset needs to consider that this is not a bottomless bucket of 'government money' , but rather the hard earnings of our fellow people. Have I contributed a little more than I could reasonably expect to be spent on my behalf, so that no one goes without?
    I also believe that our forever growing desire to accumulate greater wealth and profit is leading to the breakdown in sustainability. People and planet matter, not just profit.
    This is not one group and I think the constant effort to finger-point, instead of intraspective challenge is unwarranted and dangerous.
    Oars
    9th Mar 2015
    12:49pm
    If we all paid tax at a set rate- like Singapore does. Then we could get rid of that fat cow ATO. Where would they all go to with their high salaries and nasty negative complex. Maybe they could be sent offshore to manage our telephone- like say Philipines. And then pay no dole to anyone- including the multi-named "multinationals" who all look the same. Phew. I just saved Oz from about $50Billion payout. I should get paid for this- or work for one of those fancy Consulting firms that are hired to save the problem> --- although in fact they merely magnify the problem (after they receive their wopping great fee of course). ???
    Patriot
    9th Mar 2015
    1:25pm
    Oars,
    A "Lot of Truth" in those "Tongue & Cheek" remarks
    mangomick
    9th Mar 2015
    10:30am
    If World Governments had been doing their jobs properly, Interest rates wouldn't be so low and many pensioners who now need to access a pension or part pension would be self funded. But No, Governments allowed the big end of town financiers and banks to get cute trying to make huge profits which caused the world economy to crash and now they are forcing interest rates Low on savings so the wealthy banks can prosper again. Easy to blame pensioners rather than Governments blaming themselves for this mess.
    Anonymous
    9th Mar 2015
    12:54pm
    Mangomick - You're right about the huge corporate profits still being made.
    Seen the interest rates on credit cards lately?
    Most financial institutions are sourcing money at around 2% or even less, and lending it out at rates between 13% and 21%!
    The gap between borrowing and lending rates on CC's today is higher than at any time in the history of the nation!
    King O'Malley is spinning in his grave - particularly since the Keating Govt sold off the Commonwealth Bank and we lost our last bastion against banking greed!
    fish head
    9th Mar 2015
    10:30am
    Why does the finger of blame keep getting pointed at the over 60's? As a generation we worked hard and dealt honestly with our employer, paid our taxes and laid the foundations of a more affluent society than we had been handed. There was, at one point , a Pension that was reasonable but not affluent. For some, but not everybody there was a strange thing called Superannuation. Then the pollies started to meddle - robbing Peter to pay Paul and treating Consolidated Revenue like a bottomless piggy bank. Crikey, even the slowest of us know that if you keep dipping eventually you come up dry.Lay the blame where it belongs - squarely on the pollies who love to porkbarrel the public. It paints them in SUCH a good light and, after all, it is not coming out of their pockets. Let the number crunchers balance the books.
    particolor
    9th Mar 2015
    11:08am
    Well there were a lot of pages in their Cheque Book and they thought they had to use them all before the next Gang of Liars got them Sacked !! :-(
    Oars
    10th Mar 2015
    8:47am
    fish head. Your comments are closer to the point than most here. How did you get such a rotten nick-name ?
    particolor
    9th Mar 2015
    10:33am
    HEADLINES...Times are so tough Politicians are sending their Parents out to work to make ends Meet ! :-)
    Adrianus
    9th Mar 2015
    12:32pm
    The economy is that bad that a picture is only worth 150 words! :)
    TREBOR
    9th Mar 2015
    12:38pm
    Yes - in nice little board jobs and sinecures such as governors of this and that.... a total disgrace and totally corrupt.
    Adrianus
    9th Mar 2015
    1:49pm
    Making both ends meet has always been a challenge for me. When I had plenty of money I couldn't find anything I wanted to buy, but now I'm broke I can. Life is like that I guess.
    particolor
    9th Mar 2015
    1:59pm
    Life is a Bowl of Cherries ! Have You seen the price of Cherries ? :-(
    Adrianus
    9th Mar 2015
    3:37pm
    Last time I looked cherries were $9 kg same as I paid in Tasmania. I expect them to rise with very strong demand from China following the FTA and President's visit. What is the price now?
    Anonymous
    9th Mar 2015
    4:20pm
    ...and a box of chocolates....all with hard centres
    Anonymous
    9th Mar 2015
    4:20pm
    ...and a box of chocolates....all with hard centres
    surfer
    9th Mar 2015
    4:27pm
    Life for me is one dozen Bluff oysters (raw ones)
    particolor
    9th Mar 2015
    4:49pm
    Frank.. I've seen them at 26 Bucks a k here ?? And Ill bet the same Cherries were 3 Bucks a k in China ! And I've got a Friend in California who says You are getting Ripped Off in Australia for Californian Navel Oranges !! :-(
    Adrianus
    9th Mar 2015
    7:17pm
    Parti, it may just be because they are out of season?? I will be interested to see the price after winter because I want to see the effect of the FTA's. I'm hoping if the price increases it will be for only a season. But some growers in Tasmania have had to double their workforce already.
    particolor
    9th Mar 2015
    7:51pm
    Yep !! The Chinese Adore Tassy Apples at Bargain Basement Prices !!.. While We Subsidise it a Co & Wo's... CRUNCH !! :-) FTA.. PPPFTTT !! :-(
    Adrianus
    10th Mar 2015
    11:06am
    Hang on parti, before you go off half cocked! Wait until the end of season, January / February and see if there are good stocks at low prices before getting upset!
    particolor
    10th Mar 2015
    11:13am
    Yep !! We will get the ones with Black Spots on them !! :-) No Good for EXPORT !! :-(

    :-) :-)
    Adrianus
    10th Mar 2015
    7:31pm
    I hope they don't export the Simones and Sweet Georgias. I can eat them all day!
    particolor
    10th Mar 2015
    7:48pm
    I think they're Sex Mad !! They want them the Pink Ladies and Granny Smith too !!
    Adrianus
    10th Mar 2015
    9:14pm
    Ha Ha Ha!!! she'll be apples mate! :)
    Oars
    10th Mar 2015
    10:19pm
    Surfer you had me excited then.....a dozen bluff oysters, a bottle of Central Otago plonk, and shacked up on Stewart Island with a local tart- now THAT'S livin' on the edge !!!!
    Infinityoz
    9th Mar 2015
    10:49am
    A few points need to be made. Compulsory super didn't come in until most of the boomers were way too old to have any chance of funding their own retirement, and especially for women, who were disadvantaged even in public service super schemes until the 1980s, there hasn't been time to accumulate much. So the boomers have needs subsequent generations won't have for higher supplementation from the age pension. The only people in my generation who have secure super are those who were public servants - the tradies, the casual workers, the retail assistants etc mostly had no super at all until the 1990s. We did pay much higher tax rates from our income than the current workers and I reckon yes, we have entitlements and no, we are not "leaners". The figures projected re costs of funding pensions do not seem to take into account that over the next 30 years compulsory super will fund just about all of the younger workers so the cost as a percentage of GDP is likely to go down, not up! We can thank Keating and Hawke for that. Howard gave us the chance we needed to put a bit more by through super concessions, and Rudd/Gillard enhanced these.
    All that said, the time has probably come to review the concessions on super and the limits on assets/income that allow the Packers and Rineharts of this world to arrange their affairs so that they can still get some pension - even $1 per fortnight is enough to allow for travel, utilities, rates and medications concessions. It was our generation that invented all those magical toys the Xs and Ys take for granted - don't forget, Bill Gates is a baby boomer!
    Sure, we own our homes at a higher rate than our kids and grandkids, but so what? We earned it, we paid higher interest rates when buying, we paid higher income tax when earning, and even those of us who are poor and on a pension are still paying tax through GST, stamp duty and other government charges. Lay off us!!
    particolor
    9th Mar 2015
    10:55am
    Gyms are taking advantage now ! and offering Weight Lifting Courses for Seniors !! :-)
    greywolf
    9th Mar 2015
    1:40pm
    Agree with you, Infinityoz. It is pointless for either side of politics to demonise boomers, many of us still assisting our parents and our children with both time and financial support. The flip side of our there being so many of us is that we are also voters.
    If both sides of politics could agree to close off the loopholes allowing the wealthy to access the pension, and stop eying off our super like it's their money to play with, rather than our hard earned wages, and not devalue the age pension for those who need it, then maybe we could all have the confidence to live the best lives we can and contribute to our country's future.
    Patriot
    9th Mar 2015
    2:01pm
    greywolf
    " . . . . eying of our super . . . . . "
    This is a KEYSENTENCE THEY ARE!!!!
    Getting Older...
    9th Mar 2015
    10:51am
    Those over 50 generally have the attitude that if you didnt have the cash you didnt buy it. The result is less debt and less consumerism from what I can see, this ethic does not appear to exist in the current or previous generation, and thanks to global companies and global marketing we are all paying a price for it... just look at Apple and the production of iPhones etc in China, 33% profit on a $5 item they sell for $600+ and global brand awareness has the younger generation flocking to buy it sending $$$ overseas, now add that to a long list of "wants" and we are all in debt to our eyeballs !!! - am I wrong???
    particolor
    9th Mar 2015
    11:27am
    Some might be ? I'm not :-) I don't owe No body Nuthin !! :-) But for how long ? :-(
    mangomick
    9th Mar 2015
    1:55pm
    Don't forget to save a little because you will have to pay " the Ferryman "eventually
    particolor
    9th Mar 2015
    3:31pm
    I wont ! :-) I like it just fine on My side of the River !! :-)
    Patriot
    9th Mar 2015
    4:10pm
    By that time the river Styke will have "Run Dry" due to global warming.
    I won't even need a staff to spread the waters!
    I'll just walk across the now dry & Solid riverbed with my "Sheep & Goats".
    particolor
    10th Mar 2015
    9:25pm
    To Paradise and Your 72 Virgins !! :-)
    BB1
    9th Mar 2015
    10:57am
    The Labor party did make the big debt that we are left with. Yes they helped to lessen the financial crisis by USING THE MONEY SAVED BY THE LIBERAL GOVERNMENT in the previous years. We were ahead but once the Labor Party got their hands on that money they spent it, they had good ideas, but did not put the plans into gear properly. They just spent, then spent and spent money we did not have, so now we have that big dept.
    The younger generation want everything on the Credit card, use others money to pay for what they want now, run up big credit bills pay anything up to 29% on that money.
    Most over 50 but more so 60's use credit properly buying what they need not what they want at the present time. New phone comes on the market, look at the line out the door at the Apple store when they release the new model. Majority of these already have a good useable phone but want the newer model. What for? Just to show off to so called friends. I bet these so called friends wont help you if you get into trouble.
    The trouble is that Mr. Hockey has put all the budget onto the older generation. Those who have helped to build this great country of ours by going without. Now these same people are put out of work, then try to get a new job, none available. The Bosses want the younger people, those who will leave the job because you look at them the wrong way or you tell them off. The older person listens to the Boss, he is the one who pays your salary, if he looks at us the wrong way, we just shrug our shoulders and get on with the job. Yet these same Bosses want the younger people around them because it gives them a sense of power. The older person seems to threaten them.
    2 companies seem to use the older person, Bunnings and Masters, they value the older person, because they are prepared to learn and listen. The older person will have a phone which is 3 yrs old or more, they use it as a phone, they don't wander down the street with their eyes glued on the screen, the older person looks where they are going even in life.
    I just shudder as to where Australia is going, as for people working to 75 is just silly, asking a builder or brickie who have been labouring for 50 years to do another 10, there wont be any retirement for these type of people, they will be dead. If we are to have this type of retirement, the age should be geared as to what industry you have been in not on how old you are.
    Superannuation is for your retirement, not for paying for trips overseas. This should be stopped, money in retirement is just for that - retirement.
    Like others say, buy what you can afford not put it on credit for others to bear the load.
    particolor
    9th Mar 2015
    3:39pm
    I read that NSW alone has over 8 Million Vehicles on the Road ?? Now at a low Average of $1,000 each just for Rego and 3rd Party Insurance !!
    SHOW ME THE MONEY !! :-(
    mangomick
    9th Mar 2015
    4:55pm
    BB1 ...You my friend are a real DICK. Why shouldn't I be able to go on an overseas holiday on my superannuation. It's designed to fund my retirement. As long as i remain self funded how and on what I spend my super is my business.
    What the hell do you think retirement is??? Sitting in a rocking chair peeing myself.I have worked shift work all my life and when I pull the pin I aim to carry out some of those things my wife and I have forgone all our lives.
    particolor
    9th Mar 2015
    5:15pm
    Hear Hear !! :-)
    salty
    9th Mar 2015
    11:14am
    How will sending the over 60s, 70s and 80s back to work help the young often unskilled and untrained unemployed? This is not a criticism of today's youth but rather a fact, resulting, for example, from fewer apprenticeships being available. The crux of the matter is that there are fewer jobs available because successive governments have allowed many of our industries to be shunted overseas, thus reducing apprenticeships in the trades. We now produce very little, and, although most of it is of very good quality, those desirable products increasingly go elsewhere while we are left at the mercy of often less than desirable imports as substitutes. The quality of goods we have available is often of such poor quality that they won't last or be repairable and so, we must ditch and replace them when their short life-span is over.
    Why do we tolerate this and why did successive governments let it happen ? Many will argue that we've priced ourselves out of the labour market by demanding excessive wages. However, we were producing durable, robust, reliable and safe quality products that did not need to be replaced much too early given the outlays involved.
    What WILL be achieved for the government by postponing the retirement age and encouraging those who are able - and hopefully willing - to stay in the workforce, is more taxes for the coffers and less age pensions received by those who have earned them, and who have planned their retirements accordingly by staying in the workforce for many decades either with or without personal superannuation which also
    attracts tax and often more than once !
    To even start a plausible ''conversation'' on this topic let the politicians show themselves willing to be placed on an even footing by discarding their own lucrative, exclusive only to them (is that a fair share of the ''heavy lifting ''?). These very desirable and * costly entitlements are often acquired for life regardless of some having been in the positions for only a short time compared to most of us now in the ''grey army''.
    Cynical ? 'fraid so.
    * does anyone out there know how much it actually costs the country to provide these '' very generous'' entitlements that no-one else in the country seems to be worthy of ?
    Oars
    9th Mar 2015
    12:57pm
    You may wish to reflect the abundance of income that we all looked forward to in the 60's and 70's when our minerals were picking uip good prices and investors were knocking at the door. This had a two pronged effect : 1. We all took it for granted that the "lucky country" would stay "lucky" for ever- but it has'nt.
    2. We did not expect to import an enormous amount of trash from overseas that sends back the local incomes overseas.
    I forgot to mention that the huge immigration policy has increased our Social Security bill, but has not been balnaced by these immigrant's tax. The bag has been raided too often, and it seems like there is a great big hole in it. Who made that hole? Labor.
    MITZY
    9th Mar 2015
    1:45pm
    Who has doubled the hole?
    particolor
    9th Mar 2015
    1:53pm
    Stop throwing Dirt at us by making that hole BIGGER !! :-(
    mangomick
    9th Mar 2015
    1:59pm
    Don't know how much minerals brought in to Government coffers in the 60's and 70's but in the last few years while the boom was on, royalties from coal in Queensland only brought in about the same amount as vehicle registrations did.
    Oldchick
    9th Mar 2015
    11:28am
    I'm 59 and gave up a perfectly good job 9 years ago to become a full-time carer for my Mother who had mobility and dementia problems. For 12 months I survived on my own savings alone but during the 6 years I cared for her I saved the Government heaps in Nursing Home care. When I did have to put her in a home she was over-dosed on drugs, neglected (despite the fact I was in there every day) and died within 6 months. The Government didn't want to know about that either.Prior to giving up work I had worked non-stop for 35 years - both part time while at school and then full time until I gave up to look after Mum and had never claimed a cent in benefits. During the last 6 years I have developed some serious health problems of my own and now it's almost impossible for me to get back into paid employment. What people who are fit and healthy seem to forget is that not everyone is, particularly as we age. If we can get employment it is mostly at the bottom end of the wage scale and compared to the wages young people get these days ours were minimal even when we were at the peak of our employment years. Superannuation wasn't compulsary and in fact because I was a woman and not a man I was eligible for Long Service Leave where I worked before I became eligible to join the Super Fund. These people like Hockey, Tony Rabbit and the like on high wages and extremely good perks just don't understand what it's like to live in the "real world". Their retirement perks will continue for years after they leave Parliament. Taxpayers will be paying for their overseas trips, their private limo's, their domestic travel, their medical cover, etc etc until they drop off their perch while the rest of us are walking around the supermarket looking for the lowest prices or working out what bill to pay first.
    lizzier
    9th Mar 2015
    11:37am
    I grew up in the area where Joe Hockey's ancestors lived as they came to Australia. They had an enviable sense of family values, with the generations not only living together, but also caring for each other. As I little girl those strange meats they processed in their backyard were so unpalatable, but now ....the delis they worked so hard to establish benefitted. I cannot believe he offers no gratitude or the respect of acknowledging their their family values - which enabled him to be where he is now.
    MITZY
    9th Mar 2015
    1:55pm
    Well put both of you.
    I do think it's about time the pollies retired with their superannuation just like the rest of those fortunate to have it. If your job is done and you retire, you don't receive the extra benefits the pollies receive! After all the pollies' jobs are as public servants, paid by us. Why should they get extra benefits? Us retirees and pensioners would be well-off if we got what they get in retirement.
    Why should we be paying for the likes of Hawke/Keating/Howard/Rudd/Gillard etc. and others still on the public purse. The majority of them get another job elsewhere once retired from politicking.
    particolor
    9th Mar 2015
    3:34pm
    You forgot their Office and Frequent Flyer Points ?? :-)
    Mar
    9th Mar 2015
    11:30am
    The IGR4 is another total waste of time and money. Our economic problems arise from Greed, selfishness, self-centredness and a focus on wants rather than needs. It does not matter which government is in, they just epitomise what's happening within society. Until we get more of a balance in giving and taking and consideration of others rather than self, not much will change. We are losing the good values that maintain a decent life,it's a struggle to keep a balance and we are experiencing the effects of that. The most vulnerable in our society i.e. the aged, the very young, the disabled, will feel it the hardest. We all need to look at ourselves.
    particolor
    9th Mar 2015
    11:37am
    That reminds Me of Who was the Best Looking person here before I turned up ? :-)
    Ron
    9th Mar 2015
    11:36am
    Now 86 and having worked for 54 years I realise I have lived too long and am now an enemy of the State.
    tia-maria
    9th Mar 2015
    3:28pm
    Ron you gave me a chuckle for the day mate cheers
    Oars
    10th Mar 2015
    10:27pm
    Ron I fully understand your plight. Sadly you and your age group had to suffer two massive wars, a depression, two or three minor wars, yet you still are around and have your marbles-(obviously well up in PC capability). God save you and all your mates- we need you to set the example for the "cotton wool" brigade"- who call themselves the new generation of "leaders" ... please !!!!
    Ron
    9th Mar 2015
    11:36am
    Now 86 and having worked for 54 years I realise I have lived too long and am now an enemy of the State.
    particolor
    9th Mar 2015
    11:41am
    Your 172 now and have lived longer than Joes new Life Expectancy of 150 ? The State will hunt You !! :-(
    Pass the Ductape
    9th Mar 2015
    11:46am
    Yes - it's all our fault! We went to work doing anything as soon as we left school: saved hard and bought the first home we thought we could afford and took 30 years to pay it off; not a big one mind you; about half the size of the ones people think they need today. No home buyers grant of any description; no baby bonus; no time off work to visit mum in hospital during the day; no time off to have a baby and expecting to have your job waiting for you; no paid parental leave entitlement; no superannuation entitlement unless you worked for the government. But we were lucky in one respect - we received child endowment of $3 per fortnight per child, which in many cases was the difference between eating and not eating because wages were so low. Yes it's definitely all the oldies fault!
    particolor
    9th Mar 2015
    11:54am
    See what happens when You are Governed by a Gang of University Thugs !! :-(
    maxchugg
    9th Mar 2015
    1:51pm
    A load of deja vu there for me, Ductape. I left school at 16, worked and paid tax until retirement. No assistance when our children arrived. My wife was forced to resign her job and with the super refund we bought a refrigerator.
    We bought a block of land on time payment, I dug foundations by hand because I couldn't afford a backhoe. The house was built with the help of my father-in-law and about 20 years later we were free of debt and went from an old bomb to a new car.
    We have had health insurance all of our lives which, in the past 5 years, because of a run of illnesses, we have saved the government around $50,000 in hospital costs and in the same period we would have received a rebate on our health insurance of around $4500.
    If I believed Joe hockey I would accept responsibility for the current national financial woes. Trouble is, I don't believe Joe Hockey although I would review my attitude to him if he took a dose of his own medicine, did not retire until age 70 and did not collect any parliamentary pension before retirement.
    MITZY
    9th Mar 2015
    2:46pm
    My grandparents lived in a three-bedroomed home and produced 9 children. They strived as you could well imagine to buy that home. She at home raising and he working two jobs providing. My parents both deceased raised three children with the same work ethic. He lived to 91 and she to 89. He worked one job in the railways his entire life and on retiring had a super/pension of Seven Pounds per fortnight from the railways that stayed that way for years and years until indexation was applied. He got a gold watch as a retirement gift years after he had retired when, like indexation, a gold watch came into vogue for retirees present and past!!! As the super pension was so minimal he gradually received a bit of age pension supplementing it. Because he lived so long in retirement after a certain amount of years they used to call on him to prove he was still alive!!!
    They lived in that first home a two-bedroom weatherboard until he turned 89 and she turned 79 when they sold it and we added a granny flat to the back of our home (which they paid for). He lived two more years (91) with us and she lived ten more years with us to 89. At the same time I was partly assisting them and cooking some meals for them I was also the carer for my own husband for 24 years, with MS. He passed away just over 2.1/2 years ago. I live entirely on the single age pension now and besides paying taxes all my life for the benefit of those in need before me, why is the current pensioner's pension to be "degraded" past 2017. Others and myself are really not "leaners". There were more workers in our working life-time on lesser wages living frugally to achieve what they did achieve. There are some young people who are definitely not willing to work leaning on the taxpayer, there are some older workers retrenched and willing to work but can't find it due to the attitude of "employers" blind-sided by the age of the person applying for the job, they are not leaners either.

    If we elect this government again, instead of the current 28% of average earnings the pension is currently calculated on, it will be calculated on cpi and be 16% less in ten years or so. How can the pensioner survive on less pension when everything around him or her will cost us more. Every day needs of feeding ourselves and paying our bills will cost us more. We are likely to see the pension rebate on our council/water rates ($425 p.a. currently) which has not increased in the past 20 odd years, I believe,?? just the same amount in 20 to 40 years time.

    What's happening with our GetUp petition.

    In the SMH today Scott Morrison says:
    "We (the government) want to do everything we, but we have to get back to where we live within our means"?
    He obviously thinks living on the current age pension for those who have no other means of support is living beyond our means?
    Morrison should first attempt to make a concerted effort to take those on the pensions that shouldn't be partaking of a pension due to the fact that within the current laws they can fiddle and fiddle and arrange their finances/assets to accommodate receiving it, off it. Start doing something about the other end of the money tree to make them pay their fair share of taxation, just like the backbone of the nation i.e. the salary and wages earners P.A.Y.E. is doing to keep the nation going. These workers go to work and P.A.Y.E. tax to get a home, to educate their children, to lead a comfortable life and do not have any funds left-over to put into trusts, tax reduction methods etc.
    Mar
    9th Mar 2015
    11:53am
    That's a cop out particolor.
    particolor
    9th Mar 2015
    11:57am
    That was Tony's Maiden Speech ! :-)
    johannak41
    9th Mar 2015
    12:03pm
    I'm 73, worked most of my life, first in paid work, in my own small business, than as a carer for my husband, granddaughter and daughter. At the same time I did a lot of volunteering work. Who is going to work in the volunteering jobs that pensioners do now? I still do volunteer work. Until the governments are going to tax the big corporations, stop all the perks the MP's receive when they get out of parliament, stop taking huge payments to get back into power EG the Murdochs etc, it will be the workers and those who rely on Centrelink who will get slugged.
    particolor
    9th Mar 2015
    12:07pm
    SHHH ! Or they will Tax You on Volunteer Work !! :-(
    Innyoo
    9th Mar 2015
    1:52pm
    They might too.... volunteers are now classed as being Govt. employees for Work and health safety issues and can be fined accordingly.... can't afford that so had to resign SES before they cost me too much... still volunteer in other areas and there are few around who will do the work now.
    Patriot
    9th Mar 2015
    2:06pm
    Innyoo
    All part of the plan!
    More bills for us to pay & more income for the Cartels!
    Additionally, it STUFFS communities & their spirit.
    What more do you want - - - the perfect plan!
    MITZY
    9th Mar 2015
    2:53pm
    Volunteers (me included) should withdraw our support completely forthwith and see how much the health system will cost the government from this day forward. How much it will cost the government to transport the sick to appointments to deliver meals on wheels etc.

    The trouble is volunteers do it out of the kindness of their hearts and empathy for those less fortunate, they would be devastated to withdraw their support.
    particolor
    9th Mar 2015
    3:07pm
    I've said that for ages now Mitzy !! No Child Minding, No Meals on Wheels, No Volunteer work AT ALL By Pensioners !! And the Fat Barsteads Would be on their KNEES in a Week !! They would SOON Wake Up what Pensioners Save them !! :-)
    Patriot
    9th Mar 2015
    4:01pm
    MITZY,
    I agree that volunteers do things "from the bottom of their heart".
    They also do it just to (be allowed to) "make a contribution).
    Just remenber, many times we're "Too old & Senile" to even be considered to be able to contribute in any way because we "just don't understand"!! We're a burden and the Governmentsssss have promoted this idea very efficiently & effectively!
    FEDUP
    9th Mar 2015
    12:10pm
    Yes, it was the previous Governments overspending on stupid things, and, Yes it was that the Minerals for export slackened off. And Yes, it is the fact that a HUNG parliament, where the ruling party in the lower house has to beg for support to the Senate to pass laws. There is no compromise to help this great nation achieve, what should be, full employment, full pensions,a home for every family, and religious freedom for all Australians. Until the parliamentarians stop looking after their own interests and concentrate on the problems that are facing us all, then we will continue to go down the sink hole.
    MITZY
    9th Mar 2015
    2:55pm
    Yes, agree FEDUP. I'm fed up with it all too.
    Ted
    9th Mar 2015
    12:22pm
    It amazes me that the government always point the finger at some cohort to blame why things the way they are. The simple fact is that every generation is governed by a particular philosophy and must abide by the policy of the day.

    It is pointless to say that the over 50 generation are to blame. They only followed the policies of the day like the current generations of today will be in the future. They were told at some stage they needed to save for their future and not rely on the government and be self funding so thats what they did. The view of the time was you do not live beyond your means so thats what they did. They worked for what they have and it was never about instant gratification, like todays generations are seemingly about.

    SO what will the up and coming governments be saying then? Whose fault will it be then?

    Quite simply the government leads a country, sets the policy and direction for each era and then we reap what it sows.

    We were warned that this would happen with this report by an earlier report made on this site and on tv most of the commentators are saying its all rubbish Australia has the third lowest debt of any developed nation and the debt is not a real issue but one that they inflate to draw attention away from what is really happening. Wake up and stop blaming. The government needs to govern and stop this rubbish and looking for blame.
    lindy
    9th Mar 2015
    2:38pm
    Ted

    Absolutely agree with you on this, the only thing is dont know who is going to do all the volunteering that my friends n I do now as they all will be working till they drop in the future. Its a massive army of volunteers who give back to society now -- does anyone know? Its a way of saying "thanks I'm grateful n lucky to live in such a great country".
    particolor
    9th Mar 2015
    4:15pm
    Enjoy Your Kick in the Backside from this Nasty Mob of whatevers in Power now?? :-(
    TREBOR
    9th Mar 2015
    12:24pm
    Yes, I've been noticing the free ride I've had all these years.... I'd better pay back to the government all the pension it's given me....

    This entire document is a waste of time and was set up along purely ideological lines to somehow try to justify the government's escaping its own irresponsibility in handling the economy and social issues for many years now.

    I think the Baby Boomer generation are owed an apology.
    Ming
    9th Mar 2015
    12:35pm
    What rubbish!
    Patriot
    9th Mar 2015
    12:39pm
    TREBOR,
    Do you think the current "Wave of Pollies" is even able to see past their own UNBRIDLED GREED and blame themselves for what is happening?
    TREBOR
    9th Mar 2015
    12:42pm
    I'm glad you agree with me.. care to debate points?

    BTW - I was known as Ming at high school for my wise eyes....
    Patriot
    9th Mar 2015
    1:00pm
    TREBOR,
    Last friday I attempted to engage Frank in a debate relating to the REAL problems of the country!
    http://www.yourlifechoices.com.au/news/older-workers-key-to-our-future#comment-263954
    Frank claims that I'm "Getting at Him".
    I did set out some "Lenghty" spiels in an attempt to convince him. However, as he has NOT responded, I tjink I have - once again - failed to have COMMON SENSE make SENSE.
    tia-maria
    9th Mar 2015
    3:33pm
    Patriot,
    love to even think that our politicians would see the light??...and that their the ones screwing our country up..........BUT THEY WONT.....too easily to blame us.
    Ming
    9th Mar 2015
    12:34pm
    Wake up, you are trying to generate worry and depression among us oldies. There is nothing wrong with alerting the population in general that there is a challenge, to ignore it is irresponsible. It is articles like this one that is the immediate concern to us oldies.
    Patriot
    9th Mar 2015
    1:13pm
    Ming,
    There indeed are CHALLENGES ahead.

    FOR THEM it is to convince us that things are IRRITRIEVABLY BAD and that they cannot do anything about it because it is Out OF their control! WE ARE THE PROBLEM!
    FOR US is is to convince them that they are (& have been) not following our instructions, looking after the "Best Interest of Australia" and that they are NOT AT ALL following the instructions AS PER THE AUSTRALIAN CONSTITUTION.
    THEY ARE SELLING US OUT AND THEY KNOW IT!!!!!
    GREED - GREED - GREED
    particolor
    9th Mar 2015
    3:20pm
    We could use You for a Burglar Alarm !! :-)
    Gra
    9th Mar 2015
    12:34pm
    It amazes me how we the older generation are always to blame for the problems that exist in this country. We got off our blots and worked, we paid our taxes, we bought houses we could afford, we bought cars we could afford. Most of us if not all probably bought things on HP from time to time but we pretty much lived within our means. We didn't have to have the latest technology the minute it was released (how many times have we seen on the news young ones waiting in line to buy the newest iPhone even though the iPhone they had was only 6 months old). We didn't have to have the biggest house on the block with 2 new cars in the garage with the remote control roller doors, we didn't have to take those overseas trips every year because we lived within our means.
    Why should the Baby Boomers be blamed for being a drain on the national budget when we have done our bit, most of us working from age 15 or 16 to retirement age of 65 and paying our taxes along the way, while we have teenagers and those in their early twenties happy to live on the dole, not bothering to look for work because they consider a menial job beneath them, regardless of the fact that any job will do until a better one comes along. If they can't start out at the top they aren't interested.
    I think the Federal Government would be better served working on ways to get these youngsters into the workforce rather than trying to get older people to work longer and cutting our benefits.
    MITZY
    9th Mar 2015
    3:07pm
    It presently costs them less to pay Newstart to the youngsters than it does to pay us the pensions. Some of the youngsters give the government employees a hard time and don't want to work, they've worked out the way to get around the system and not attend the jobs that do exist.
    Us oldies don't really have a voice (what happened to our GetUp petition?) Probably more than half of us are either died-in the-wool Coalition or Labor voters and couldn't get their writing hand to fill in the squares to vote for an Independent to keep the major parties honest. Life in the sphere of politics never changes from decade to decade only the faces change. I often read excerpts from speeches of politicians past (decades old). All I would have to do is change the dates and the names/faces to the articles and lo and behold ..... I just heard it, yesterday!!!!!
    ozzie
    9th Mar 2015
    12:38pm
    This IGR is "pie in the sky"....it is a 40 year forecast, assumes GDP growth each & every year....it ignores Climate Change & is little more than a "Conservative Sabre rattling exercise" to scare the willies out of everyone. The mortality rates are for a person born today....not the current crop of baby boomers.....there were many that smoked, spent hours getting skin burn et al.....we won't be living to these older ages. What if we have a War(s), a recession, GFC, etc. You simply cannot make 40 year "assumptions". Does Big Business plan 40 years in advance....of course not...5 or 10 yr Plan maybe, but 40 years is nothing more than the Horoscope in the newspaper.....
    Oars
    9th Mar 2015
    12:39pm
    What a pathetic accusation. The world is a big place with a range of needs, luxuries, riches and poverty. To blame anyone age group is like flying a kite on mars. Who dreams up these accusations ? Are we all too dumb to realize that we are all responsible for our outcome, although some may disagree. While they are debating that, I am out mowing my lawns- and the old girl's next door too. She leaves me her scraps to feed off in return. That is what the "greenies" called conservation I suppose.
    Well any more stupid ideas folks.?
    Patriot
    9th Mar 2015
    1:21pm
    Oars,
    We're an easy target as we ar considered to be "Old & Senile" and have not been defending ourselves at all.
    We've just been "Bending over & Taking it".
    Let's start defending our "points of View" and "Sit them back on their haunches".
    I'm sure Frank will report back!
    MITZY
    9th Mar 2015
    3:11pm
    Who dreams up these ideas: I guess the same bloke puffing on his cigar thinking to himself what are the poor folks doing at present and indicating to our generation that we shouldn't worry about the petrol excise because we don't drive anywhere?!
    wally
    9th Mar 2015
    12:39pm
    Of course it is all the fault of the oldies displaying criminal negligence in just about everything! Just ask the boys and girls at Get Up! According to them, we are just a generation of "Errol Flynns" that "****ed" everything we ever touched. So this gives us all something else we can all wallow in guilt over.
    Finni
    9th Mar 2015
    12:43pm
    As a disability pensioner,in constrain pain, i really wish i was not alive ,also the liberal party voted to increase the limit that the federal government could borrow if my fading memory is to be believed it was an extra 4 Trillion Dollars

    My parents and ppl my age and a lot of other people built this country with out the hand outs that are now given, turn us into an European bed sick country

    But how about The Government governing that is why they were voted in not have reports into what needs doing. The voters voted the way they did because WE THE PEOPLE do not trust any party to have full control so how about getting to work
    ANONYMOUS
    9th Mar 2015
    1:01pm
    People like Joe Hockey and Tony Abbott (and their friends) have way too much money and detachment to care about Older Australians who are being penalised for doing just as they have been asked to all their lives EXACTLY.

    They can no have a heart at all and I despair for their families .......... since they have no respect for those who have worked hard, are caring for disabled Children and Family members - and saving the Government Millions already ............ yet their "ONE FITS ALL" mentality is impossible and a Punishment worse than the Life Sentence they are all ready enduring ........ NO RESPECT, NO END TO THEIR DUTIES, NO MONEY, NO HOME, NO STABILITY AND NO PAID JOBS ANYWAY ............ and who will do all the unpaid work we are doing .............

    You all need to grow up and leave Older Australians and their Pensions alone. If anything give us all a $250- a week raise .............. the people who are saying NO ...... are the ones who are stealing from Pensioners !!!!!!!!!!!!!!!!!!!!
    particolor
    9th Mar 2015
    1:11pm
    And Give Yourselves a Blaming Allowance !! Before our 250 Buck Pension Rise :-)
    What a Joke they are !! :-(
    peterseaford
    9th Mar 2015
    1:03pm
    we worked hard and paid our taxes so this crop of wanna be pollies got freedom and free education .
    How stupid they are - when we were their age there was no unemployment and very few lived on the public purse - did you know anyone on the dole when you were young - after things settled down after WW11.
    How about their generation - how many - not retired people - are on the public purse now ?

    Remember when companies paid the bulk of the governments tax income ?

    Why do they always attack us and not their pension schemes and bonuses they get - take one g
    peterseaford
    9th Mar 2015
    1:03pm
    we worked hard and paid our taxes so this crop of wanna be pollies got freedom and free education .
    How stupid they are - when we were their age there was no unemployment and very few lived on the public purse - did you know anyone on the dole when you were young - after things settled down after WW11.
    How about their generation - how many - not retired people - are on the public purse now ?

    Remember when companies paid the bulk of the governments tax income ?

    Why do they always attack us and not their pension schemes and bonuses they get - take one g
    Paddyschic
    9th Mar 2015
    1:18pm
    I worked from the age of 17 until I was 64 less a couple of breaks when I had children. There was no such thing as maternity leave. My baby bonus was $30.00, there was no subsidised child care, child endowment amounted to around $6.00 a month, we paid for private health care and got no 30% rebate. We bought houses we could afford and gradually up sized as we could afford it but now it is all our fault? We are now retired. I have a modest superannuation pension and receive a part age pension. Abbott, Hockey, Morrison and company have no idea how hard it is for pensioners to survive on what they get. We are lucky in that we own our home. Forgive me father for I have sinned - I am a Baby Boomer!
    particolor
    9th Mar 2015
    1:49pm
    I blame My Father for being a Naughty Boy when He got home from the War !! :-(
    Bes
    9th Mar 2015
    1:19pm
    We worked and paid tax and saved. We went without for the sake of our kids. We didn't have a 4x2 as a first house. Most did not have air con or pool. There was never any paid maternity leave. The second car was a banger! We did not have his and hers credit cards. (if we actually had one at all) We purchased stuff on 'no interest for 12 months'. (and kept up with the payments) We learned to actually 'budget' a lot better than most Treasurers, and still enjoyed good food. (Australian) We get by on our 'earned' pensions but cannot help the economy much as we can't spend too much. (we still budget) We ourselves have lived in our final home for 22 years. Our suburb has long been overtaken by new suburbs filled with large new homes, filled with people who don't actually own anything. (the credit cards) The price of our home has rocketed up as the young credit society continues to grow and build their debts by the many thousands.
    And NOW they want what we have earned, and if they get that they will never be satisfied. When they become pensioners (or aged) they will own very little to give back to the next generation of credit card holders!
    The only message I could give Joe Hockey and the Credit society is this, SUCK IT UP IT ISN'T GOING TO HAPPEN! WE VOTE!
    particolor
    9th Mar 2015
    1:45pm
    UM!! Where did the Good Food Go ?? :-(
    surfer
    9th Mar 2015
    4:24pm
    Missing my fush and chupps. Have to go back to NZ where things are worse.
    peterseaford
    9th Mar 2015
    1:20pm
    all this crap about labour wasting the money - where do you think they spent it - on us .
    This present bunch of pollies were blessed with education and freedom because of our generations.

    When you were young did you have any mates on the dole ? How many people did you know living on the public purse.

    We had things tough and we paid our way now most of us are told "user pay" - for our cars , caravans , national parks and roads BUT cyclists get special privileges for FREE.

    How many of our pollies generation are on the public purse and have not even contributed tax at all ?

    Why are pensioners always bullied when even a good guy like Howard receives enormous benefits and income simply because he did his job as a politician - will Hockey change that ?

    He will change what you are getting because he can and we just accept it.

    Lets stand up for a change - notice the A
    tia-maria
    9th Mar 2015
    3:53pm
    peterseaford, yes mate we should take a stand and have our own party.....THE SENIORS PARTY...........WILL YOU JOIN ME ?........
    Young
    9th Mar 2015
    1:29pm
    Most of today's youth are only interested in what is in it for me.They want everything NOW.
    Until we realise that we must do things for the good of the country we are in dire straits.
    KSS
    9th Mar 2015
    1:34pm
    There are a few facts that need to be faced here whether people like it or not:

    FACT: Baby boomers are so named because after WW11 there was a significant rise in the birth rate until 1964. Those 'babies' have now reached or are reaching retirement age. Many 'expecting' a government funded pension. There are many more people of or approaching pensionable age than at any time in the past.

    FACT: The aged pension was originally introduced in 1909. Most people then had a life expectancy of 55 years. Qualification for the pension was 65years. Most people did not live to collect on the pension. Those that did, died soon after. 50 years ago retirement on the pension lasted about 12 years. Now it is about 19 years.

    Fact: Today age expectancy is well over 80 years for both men and women. This means there is now a greater length of time the pension must be paid up from almost no-one to over 15 years for those retiring at 65 (more if they retired earlier on say health grounds).

    Fact: There are only 2.1 working Australians to pay for all those not working.

    Predictions:
    The expected life span will increase to well over 90 by 2050. Meaning a retirement period of well over 26 years.

    The population will grow to 40m.

    The number of working Australians to pay for those not working is expected to fall by 20% to 1.7.

    If those predictions are correct, who is going to keep paying for all those not in the workforce? How are we going to be able to afford to keep paying? People may well be on a pension for half the time they worked! (e.g. worked for 50 years retired for 25yrs). Even in the last Intergenerational Report under Labor it was predicted that 80% of older Australians will continue to be eligible for a part pension by 2049.

    It seems to me it is not unreasonable to expect those born in the 1970s up (i.e. those for whom their first - or early - jobs would have coincided with compulsory super) be expected to fund their own retirement. And their retirement may well last for over 25 years. Given the far greater life expectancy, it also seems reasonable that the base retirement age is lifted. Labor already raised it to 67 by 2023. Raising it another three years to age 70 by 2033 seems reasonable. There would still be an approximate 25 year retirement period.This will be unlikely to affect the current baby-boomer generation. It will affect those born after 1965 - i.e. Gen X. The same that should have benefitted from compulsory superannuation.

    This is not about apportioning blame merely looking at the numbers. Something has to change. We simply cannot keep doing what we've done and expect a different result.

    There needs to be a calm analysis of the current and projected financial situation devoid of panic and emotional outpourings about entitlements and affordability.
    Patriot
    9th Mar 2015
    2:24pm
    KSS,
    Download the booklet from the link supplies.
    Read it and think about it!
    Your mind will rebel at first because of all the BULL we've been fed by our pollies for many years.
    If your thinking is flexible enough to changethose "preconceiced ideas" thoguh, you'll comthrough to be a "Much Better Educated" person.
    https://archive.org/details/TheMoneyTrick
    KSS
    9th Mar 2015
    2:28pm
    Patriot your assumptions and rudeness are not appreciated.
    Patriot
    9th Mar 2015
    2:42pm
    KSS,
    Don't see the rudeness at all.
    I understand the financial world very well and know exactly HOW money is created.
    It just frustrates me that - whilst the info is freely available - people obviously keep exploring the LIES that the BANKS & GOVERNMENTS have been telling us for years.
    The concern is not so much for myself as I have had a good life and - whilst low on finances - have a good "Set UP" (Mentally , Physically & Location wise) to "weather out" the storm that's "Just around the corner".
    My concern is the My (Grandkids) & yours are converted to SLAVES without realising it and without people like us "Putting up a Fight".
    Please Read & Absorb the info that I have referred to.
    Reeper
    9th Mar 2015
    1:35pm
    If Debbie McTaggart is a journo, then the standards where she obtained her qualification are poor, very poor. Any blame on the over 50s is not what the report said so that means once again a very doubtful article is political.

    Over past couple of weeks we have read ALP slanted articles from the ABC Socialist press making wild and unsubstantiated comments on a number of subjects; Fran Kelly as a good example of an intelligent person swayed by thoughts of political glory; Ms McTaggart whilst far from as equally experienced seems to be on the same lap
    Patriot
    9th Mar 2015
    1:56pm
    Reeper,
    Just because you don't like the content does NOT mean they are slanted!
    wally
    10th Mar 2015
    11:02am
    It is all in the eye of the beholder. Which is why we bet on horse races. Or kill each other over differences of opinion regarding religion.
    Pentop
    9th Mar 2015
    1:35pm
    The amazing thing I think is that from the way that the politicians are talking, we (over 50's) suddenly woke up to being over 50. Big international organisations (in a past life I worked in HR in one) realised the impact of this way back in the 80's and put into place strategies to handle the fact that there are going to be a great deal of knowledge walking out of the door right now and clearly this information would also have been available to successive governments. But... instead the mining boom was wasted on propping up unsustainable tax cuts, middle class welfare and a general hand out of monies ... why ... all to ensure that they were re-elected. Basic budgeting (what they are now raving on about) did not apply... no I am not talking about the Labour government but predominately the Liberal government ... so now we are faced with the so called debt much like the family that gets the big mortgage when both are working or when one is getting huge amounts of overtime and then when it all goes pear shaped ... Wow we cannot pay our bills. No we are NOT to blame. This is just another example shortsighted short term governments on BOTH sides of the fence and we are the scapegoats.
    Young
    9th Mar 2015
    2:13pm
    Why can't the government introduce a new tax.I would call it an infrastructure tax.
    For those earning up to $100,000, no tax.
    $100,000 to $200,000, 2 per cent.
    $200'to $500,000, 3 per cent.
    500 to a million ,4 per cent.
    One million and over,10 per cent.
    particolor
    9th Mar 2015
    2:48pm
    You're selling Your Lead Balloons far too cheaply !! :-)
    mangomick
    9th Mar 2015
    4:48pm
    Because eventually ,like the Social Services Contribution tax of 1945, that was supposed to pay for pensions,it would be rolled into the General taxation Revenue and then you will still be asked to pay a toll everytime you crossed a bridge or entered a freeway.
    Don't you think vehicle registration, fuel excise duties and existing tolls are already an infrastructure tax. Geez Browny are you a product of the Private School system???
    particolor
    9th Mar 2015
    4:58pm
    Sat next to Joe !! I wonder which one lent over and Cheated in Exams ?? :-) I don't really think it Mattered !! :-) They both got the answers Wrong ! :-)
    Commentator
    12th Mar 2015
    3:01pm
    Mangomick nail it. Some years ago I heard that tax payers make a base payment of about 1.5 % from about 1945,also not mentioned anywhere is that past and present taxpayers have been supporting pensioners for the past 70 years. Also for the last 15 years or so they have also been contributing to their own retirement. Feel free to make corrections for timing. On top of that not having much in super I downsized to free up cash for holidays, operations, and feeling of security and freedom and so on, now they want to leave us with just $50,000 in savings. What is the point of downsizing ??

    9th Mar 2015
    2:34pm
    Oh, how easy it is to blame somebody else, isn't it.
    Yes!
    Dump the blame on the current older generation, for they are dispensable now.
    Just useless, right! They no longer have the strength to work hard so they can be discarded like the trash that goes into rubbish bins...

    Those who 'stir the pot' never tend to look closely in the mirror at themselves, do they?

    Obviously, government is looking for scapegoats at the same time pushing for migration of unskilled people, refugees with ten kids, who then live on welfare getting enough assistance for their kids, who most likely will never get a proper education.
    Then the kids grow up and will go about robbing those tired retirees, who once contributed with their hard work and paid taxes to those, who now squatter with several families in one house! Living on the dole!
    I strongly believe, that the politician once out of politics should be made to taste what it is like to stand in the queue for Centrelink's NewStart Allowance when they loose their cushy jobs, instead of getting a superannuation package.
    Only then will they understand the situation of others!
    Let's make them to safe the money for their own retirement.
    Do they?
    No! They don't need to, for they are being paid for the rest of their lives living comfortably, just because they were POLITICIANS!
    Was any of them ever useful?

    Well, ask yourself...honestly....
    auzie3136
    9th Mar 2015
    2:39pm
    You are quite right Virginia I also never bought what I could not afford. I had to wait till I could then only a modest cheap version.
    bagsend
    9th Mar 2015
    3:41pm
    I agree that we are to blame but instead of blame they should help us and the amount of dollars that Pollies get well the less said the better
    Mar
    9th Mar 2015
    3:43pm
    KSS. Agree with you, we have to face the facts and deal with it in a rational way, but the present day governments way of dealing with it is blaming and punishing many people who have worked hard, tried to "do the right thing" and been responsible. When the Pollies are ripping off the system themselves but telling us we are "leaners", it makes it very hard to swallow. Yes, we do have to change, but that means everyone, those that make the decisions, those at the top of the chain and not just the pensioners at the bottom who have mostly done the best job they can.
    KSS
    10th Mar 2015
    8:08am
    Mar I think most of the 'blaming' is coming from the media. Headlines such as "Its all your fault...apparently" does nothing to impart the truth of the situation we are all in. The media hatred of Mr Abbott is getting in the way of reasoned debate on issues that need a resolution. Problem is, many even on this site are not looking beyond the headlines and simply letting their immediate emotional response take over resulting in less than rational thought and discussion.
    Chris B T
    9th Mar 2015
    3:52pm
    PUT INTO LAW THAT CORPORATIONS and THOSE WHO EARN OVER $150,000 PAY a MINIMIM
    AMOUNT IN % of EARNINGS WHICH CAN NOT BE REDUCED BY ANY CLEVER TRICKERY or COMBINE RIGHTOFFS, RIGHTDOWNS, CARRYOVERS PER FINANCIAL YEAR.
    Train the young not the old who are on the wayout of THE WORK FORCE.
    No more free lunches by bringing in so called skilled workers MOST AUSTRALIANS CAN'T GET A START WITH THE QUAILIFICATIONS THESE PEOPLE HAVE.
    IF THE YOUNG DON'T HAVE THE SKILLS TRAIN THEM AND MAKE IT MANDATERY, SIMPLE.
    LOOK AFTER OUR OWN FIRST AND BE GENEROUS TO THOSE COUNTRIES LESS FORTUNATE.
    But don't create an under class in our OWN COUNTRY.
    particolor
    9th Mar 2015
    4:00pm
    Bring back the Cat for Corruption !! :-)
    Gee Whiz
    9th Mar 2015
    4:05pm
    Holy Joe and the government leeches will try every trick in the book to to get people off the pension. Well not everybody. Certainly not politicians, or senior bureaucrats, or mates they have given jobs to on the government payroll. The IGRA report is just another lump of political propaganda to try and convince the general public that pensioners are a terrible drain on the public purse and the country would be better off if they all just died.

    Its terribly strange though that if you are an illegal immigrant, and there are thousand of them, you get better benefits than old age pensioners and you haven''t paid one cent in tax.

    And don't worry about the billions we give to other countries for no other reason than to have an excuse to say Australia is broke and the pensioners are to blame.
    particolor
    9th Mar 2015
    4:12pm
    Noticed that have You ??
    Patriot
    9th Mar 2015
    4:23pm
    Gee Whiz,
    Do you think we should form a "Voluntary Suicide Party" and leave our belongings to the Bankers & Corporations!
    You think THAT would please them or do you think they would then argue how long after "turning retired" such a plan should be implemented!
    ray from Bondi
    9th Mar 2015
    4:26pm
    It is just propaganda, give me control on the newspapers and anybody with red hair will be absolute villains and be the cause of all the world's woes, I think there was a red haired politician that happened too. so as far as I concerned it is just the government trying to shift the focus, at one time it was the lazy layabout teens causing problems ;)
    Gee Whiz
    9th Mar 2015
    4:30pm
    Particolor. The way these ratbags work it wouldn't surprise me if they were planning a mass euthanasia program for the over 70s.
    particolor
    9th Mar 2015
    4:40pm
    I don't think there is anything inside their heads to Plan with ? :-(
    They are DALEKS !! :-) And do what Stavros Programmed them for !!
    Mar
    9th Mar 2015
    4:59pm
    Well, after reading most of today's comments I think you have your answer.We might be old but we are not stupid and NO the report does not have much value, in fact it only has propaganda value. I think the major indication is that it's not us pensioners that are a burden on the economy, it's the politicians and their perks, plus the wealthy who can fund all the answers to avoid tax and commitment to our overall economy.They are the greediest of all. It has to change at the top to effect change at the bottom.
    particolor
    9th Mar 2015
    5:12pm
    "Mirror Mirror on the wall
    Who is the fairest of us all ?" :-)
    " Not you Joe, Its Cinderella "
    " I'll Kill that Bitch !! " :-(
    :-) :-) :-)
    donnis
    9th Mar 2015
    5:30pm
    Treasury Officials pointed out that this report was the Treasurer's document. Just more ideological flim flam from the Government. We can all rest assured that those now occupying seats in the Federal Parliament won't be committing themselves to the proposals put forward by IGR4.
    Brian
    scud
    9th Mar 2015
    5:31pm
    I read somewhere that Australia has a surplus of government hypocrisy and a deficit in truthfulness and competence.
    If you want to know the real story about Australian Government deficits/surpluses and debt before casting stones I suggest you go to the following link https://gallery.mailchimp.com/34a7cea33f33e45eedceea223/files/Cuffelinks_Newsletter_98_270215.pdf
    Patriot
    9th Mar 2015
    6:22pm
    scud,
    Indeed, very interesting!
    Without a Commercial background, ALL is not clear to me, but, it is obvious that SOMEBODY (a body of people) is highly incompetent or "wants to sink Australia".
    I am sure that Imagination will resolve this issue amply.
    GrannyMau
    9th Mar 2015
    5:32pm
    I think it ludicrous that the Government hanker after their lucrative superannuation, which not everyone has. The rest of us suffer, but yet we contribute to the taxes and have done for many years. I know that my paltry superannuation will not sustain me in retirement and that I will be forced to exist on the aged pension. How is that my fault? It is the labour governments who have spent up big and gotten rid of the huge surplus with which they were left from the Howard Liberal government. Spending needs to be reined in, but not at the cost of those close to or in retirment.
    Judy in the hills
    9th Mar 2015
    5:36pm
    Nearly all the comments seem to be from Labor type people - how strange! Has the Labor Party got you all signed up for as many comments as possible in a week or something. YES Labor did inherit a very large credit in the Liberal "bank" and by the end of Labor's comparatively short time in office, we have this huge debt, now inherited by the Libs. Get with it Labor sympathisers and realise where the blame lies. Perhaps Julia Gillard could donate her book earnings back to the Australian people - now don't hold your breath - its highly unlikely she'd take any of the blame (naturally). Labor can only see the "good" they think they did - a shame that its so invisible to those of us with our eyes opened. Just look back at the credit John Howard and Co left Australia with, and then the debt Labor managed to accrue in double quick time. JUST HAVE AN HONEST LOOK. Look at it as if it is your Bank Account, then you may realise what the true situation is.
    particolor
    9th Mar 2015
    5:47pm
    Jackboots got that Surplus by Robbing Pensioners Like Your Prince Charming is trying to Repeat No !! :-( Yeah and Labor Stole all that Money and have it in Swiss Bank Account !! :-)
    I wouldn't Follow or Vote for any of the Monkeys now !! And neither should anybody else unless they are on a Retainer or an offer they couldn't Refuse :-)
    particolor
    9th Mar 2015
    5:54pm
    Wake Up Australia !! They are both the Same Party Taking Turnies !! And Whacking on a Gala Performance in Parliament To Entertain themselves !! :-)
    Patriot
    9th Mar 2015
    6:12pm
    Jufy,
    Read my comments and you'll find that I am convinced that BOTH PARTY have EVIL INTENTIONS.
    particolor
    10th Mar 2015
    10:59am
    You'll know the Evil Ones by the Fruit they bare !! :-(
    mangomick
    10th Mar 2015
    6:44pm
    Well that doesn't bade very well for someone calling himself "Mango mick". Maybe I'll change my non de plume to " Dr Evil"
    particolor
    10th Mar 2015
    6:59pm
    Definitely Not You !! Mangoes are Magnificent Ill Have 7 Please !! :-)
    sunny boy
    9th Mar 2015
    5:55pm
    Well - well - well ... slander us pensioners at your Absolute Risk! ...perhaps we are a target for blame 'cos we Are a Growing Community ... at a faster rate (maybe) than the Jobless Numbers !!

    Whilst perusing this thread something came to mind ... and ... I want to ask who else remembers the (in)famous comment by Justice Michael Kirby donkeys years ago ... it went something like this ...

    "All Australians are entitled to pay as little in Tax as they possibly can ! "

    I remember the blood froze in my veins ... it sorted the sheep from the goats ... the PAYE ... the largest percentage of the (taxable) population ! ... yoke the goats ??!! ... 'nuf sed ? ...

    Whilst on "quotes" ... the late George Bernard Shaw once remarked ... " Government is a device designed to ensure we are governed No better than we deserve ! " ... food for reflection ?? ! ... comments ? ...

    I sincerely hope and pray that the Supporters of the new Governments of Victoria and Queensland get involved with their newly chosen Legislators ...really get in there .... work ... and push " Big Money " to one side ! ...

    ... We've been encouraged to let Politics become a "Spectator Sport" ... reflect upon how "match fixing" has surfaced (wide spread) in sports ... a perfect example of "big money at work" ... !! ... any possible resemblance here ?? ... food for thought ? ... or am I being "alarmist" ... ? ...

    ... is there anyone here who remembers the old cartoon series ... "The Wizard of Oz " ?... and his side kick Lancelot ? ... :-) ...
    particolor
    9th Mar 2015
    6:02pm
    Yes !! :-) And there's a few Boils in there now that Id like to Lancelot !! :-)
    sunny boy
    9th Mar 2015
    6:15pm
    particolor
    ... :-) ... :-) ...
    Mar
    9th Mar 2015
    6:32pm
    Judy in the Hills, "Not strange at all". Labour voters are mostly for the people.
    KSS
    10th Mar 2015
    8:11am
    "Labour voters are mostly for the people."

    Yes themselves and their Union Mates!
    particolor
    10th Mar 2015
    10:54am
    I'm NOT Labor !! :-) But without Trade Unions You would still be on 18th Century Cotton Mill Slave wages ! :-(
    Mar
    9th Mar 2015
    6:40pm
    I am awake. Eyes wide open. I'm also sick to death of the Parliament Pantomime. Absolutely agree with you Particolor.
    Joycey
    9th Mar 2015
    7:05pm
    It irritates me no end, the way the elderly are blamed. I am 84 widow, I don't get the govt pension, have never had any government assistance apart from a few weeks of child endowment until I got a job. My husband and I paid our taxes, brought up four children, all tax paying citizens now. We paid into superannuation, saved and invested. Surely I'm not the only one doing this.
    As for the ALP and spending. They got us through the recsession by spending. A lot of schools are glad of their new halls. Would it have been better to let the country go, more unemployment, less money spent in the shops etc.
    particolor
    9th Mar 2015
    7:14pm
    According to few on here Yes !! :-( A few of them would even like to put Labor Voters in Chains :-)
    Adrianus
    9th Mar 2015
    7:23pm
    Joycey, it would have been better to bring forward capital works programmes instead of giving cheques to labor voters to buy colour TV's. Gerry Harvey simply imported more TV's and we had our taxes increased. If government spending makes the country prosperous than why are we in such a mess?
    particolor
    9th Mar 2015
    7:36pm
    I wasn't aware that Only Labor voters got that TV Money Frank ???? I suppose You sent Yours back ? With a No Thanks Note ?
    particolor
    9th Mar 2015
    7:38pm
    PS Mines still going if I bother to turn it on !! :-) And I couldn't care if Stalin sent Me the Money :-)
    mangomick
    9th Mar 2015
    8:12pm
    Frank this really pains me to say this but I agree with you. I thought school halls and the insulation were good ideas poorly implemented and controlled but the cash give away to buy Chinese/Korean/Taiwanese TVs was just dumb and it showed a lack of forethought and vision from both sides of Parliament that we do not have major infrastructure projects like an irrigation projects that is fully planned and designed that could be ongoing and accelerated when conditions arise.
    AlbertC
    9th Mar 2015
    7:33pm
    keep your eyes and ears open and see what pollie retires under 60 and gets his pension and all his or hes super with question and can please themselves if they work again and if they do unlike the rest of us they still get their pension an have access to their super , now thats what i call equality i think not -1- they should not be on a bigger pension than us and =2= they should not be allowed to automatically touch super untill they turn retirement age as they have no reason to get either they would have thousands put away for themselves all gold diggers and they would not be suffering hardship thats for sure .------ have nice day.
    particolor
    9th Mar 2015
    7:45pm
    And if one of them does We will have a Revolution that will Make the French Revolution look like a Sunday School Picnic !! :-)
    Mar
    9th Mar 2015
    7:36pm
    This Govt. spends it indirectly, supporting big business and the ones at the top doing the "leaning".
    Mar
    9th Mar 2015
    7:38pm
    Oh No! I missed out. Never heard anything about free colour TVS????????
    particolor
    9th Mar 2015
    7:42pm
    Relax Puppy !! It wasn't Colour TV's ! It was Set Top Boxes ! And Frank enjoys a lovely Day Dream Daily !! :-)
    carmencita
    9th Mar 2015
    7:59pm
    I think the report is just a political spin, a prelude to the coming May budget. As Hockey's submission have been proved in previous budget as rather inept he is perhaps trying to motivate Australians to think he is right by producing this report which was also timely to divert our attention from the current issue of Welfare for the rich and the middle class which none of the LP govt dare discuss. The problem of unsustainability of pension (if it is a problem) can not be solve by increasing pension age but by restructuring of superannuation funding so that it will be there to fund adequately retirement incomes thus reducing numbers of people going on government funded pension. If superannuation funding is managed adequately and more work opportunities are open, there is no reason why pension funding can be unsustainable and there is no reason for a 'grey army'. I find this term disrespectful to senior citizens. Hockey should not be treasurer if he can not see what the real problem is.
    Fair Go
    9th Mar 2015
    10:13pm
    This over 50 worked until 67, had little super but own my home, (having paid off my mortgage before I retired) albeit falling into disrepair around me. Having brought up 2 boys alone, I was not able to save much, and am now relying solely on the aged pension. After paying utility bills etc, chemist and food I do not have money over for anything, let along contemplating losing more of the pitiful pension we receive in this country. I do not feel guilty for taking it, having worked most of my life and produced 2 now working and tax-paying children. All I can say is, when are those pathetic pollies responsible for mis-managing money going to stop the brain washing of the population here that we have the best social system, best health system etc etc in the world or at least of comparable countries, going to wake up and take a look at the countries in Europe who can run themselves properly and have decent retirement schemes? Yes they may be taxed heavily, but do receive a lot for those taxes, and from my experience they seem to be quite prosperous into the bargain. We are vastly over-governed for our population. If a couple of the huge rorting of systems that I have seen lately on reputable TV programmes were stopped, especially when the government know they are happening and do nothing,they would have plenty to pay off the debt and pay the pensioners!
    Tombo
    9th Mar 2015
    10:23pm
    Debbie McTaggart (ace reporter) writes 'few people will take the time to dig down into the detail of the Intergenerational Report and this is understandable'. One of those few is Debbie herself who seems to rely on newspaper headlines rather than the Report itself. The IGR in no way 'blames' the over fifties for anything. Thus the whole premise for this ridiculous debate is entirely false.
    Kato
    9th Mar 2015
    10:25pm
    All the trolls on here backing the govt against the pensioners as Derryn would say shame shame shame.
    Mar
    9th Mar 2015
    11:06pm
    Hear! Hear! carmencita.
    BundyGil
    9th Mar 2015
    11:41pm
    This intergenerational report was produced by a bunch of hand picked ultra right wing idiots in treasury who wouldn't know shit from clay. The report has been roundly discounted by anyone with brains as a total work of fiction based on preconceived premises dictated by the government.
    It doesn't mention global warming effects which will be the major influence over the life of the report which tells us that it hasn't been produced to give independant advice to the government, but rather has the government's fingerprints all over it. The government made sure the report produced exactly the result it wanted and the treasury minions fudged the data to reflect the government's desired result.
    Not worth the paper it's written on, as any independent reviewer will tell you.
    BundyGil
    9th Mar 2015
    11:41pm
    This intergenerational report was produced by a bunch of hand picked ultra right wing idiots in treasury who wouldn't know shit from clay. The report has been roundly discounted by anyone with brains as a total work of fiction based on preconceived premises dictated by the government.
    It doesn't mention global warming effects which will be the major influence over the life of the report which tells us that it hasn't been produced to give independant advice to the government, but rather has the government's fingerprints all over it. The government made sure the report produced exactly the result it wanted and the treasury minions fudged the data to reflect the government's desired result.
    Not worth the paper it's written on, as any independent reviewer will tell you.
    Not Senile Yet!
    10th Mar 2015
    3:18am
    History repeats itself time and time again......and this proves that people fall for the same Propaganda .......time and time again!!!
    The Great Leaders of the Past used simple methods to gain their own way.....divide and conquer.....being the most efficient!!!
    In Politics...having people fall for the Party being the answer....works so well.....whilst you all debate about Labour or Liberal being the best.....you are distracted from the obvious!!!!!
    Neither are in YOUR best interests......BOTH are in THEIR best Interests!!!!
    Currently ALL of YOUR Members of Parliament......are CONTROLLED by an Invisible Party Caucus......some of whom aren't even Members of Parliament......SO These Puppets cannot represent you!!!!
    They Represent a Part who has bought their vote in exchange for their seat.......so obvious.....but all you are so convinced that they represent YOU!!!!
    Even a Blind Person with a seeing-eye dog would explain this better than the Majority.....because the Parties have brainwashed the lot of you that THEY are the answer!!!
    Meanwhile they play the BLAME GAME.....blame everyone or anyone but themselves!!!!
    It doesn't matter whether your Left or Right Wing......what Matters is that you see the TRUTH through their LIES!!!
    Neither Party has managed to BALANCE ANY BUDGET!!!!
    The left may have OVERSPENT......but the RIGHT has also UNDERSPENT.....to gain the credit rating they brag about!!!!
    If you overspend...you run up debt! If you underspend....you save money!!! But neither is the way to run a Government!!!
    The Wealth of a Country is in it's people.....not in it's surplus or Deficit!!!
    If you underspend and overtax to gain a surplus....you screw the workers out of their spending/buying power....which in turn causes the Economy to SHRINK through lack of money going around and around!!!!
    The opposite is true if you overspend.....the economy heats up and causes inflation to go wild!!!
    Neither scenario is GOOD for the COUNTRY or the ECONOMY!!!!
    Compromising the Left View and the Right View back to the middle and Running a Country so it compromises the two extremes would have the same effect as NEITHER a Surplus NOR a Deficit!!!!
    But the NUMBER ONE requirement would be the NEED to BALANCE not one but EVERY BUDGET!!!!
    So just who is to Blame for the lack of Balanced Budgets.....balanced meaning breaking even.....since WW2????
    YEP......you guessed it.....THE PARTIES.....BOTH OF THEM!!!
    Why can they not Balance a Budget.....because it is not in their best interests to do so!!! Not only that....their is NO PENALTY....if they don't!!!
    Why do all of you above keep voting for the Party Machine Puppets??? Because you have fallen for the oldest Political Trick of them all......divide and conquer.....divide the voters into Left and Right....Black and White.... Boat People and Non Boat People....Cue Jumpers and Non Cue Jumpers. .....Lifters and Leaners....Old and Past Their Use By Date and Current Hard Working Tax Payers.....Bludgers/Dole People and the Hard Workers....The people who have a Hand-out Mentality and those that don't!!!! And the list is endless...but the result works rather well.....DIVIDE AND CONQUER!!!!
    So for all you who vote for the PUPPETS.....you are the ones responsible for where we are at.....not the Puppets/donkeys.....but YOU!!!! Because you put them there.....you gave them the Power to give the Party Machines the Power.....who give the Power to Whoever helps them to retain it!!!!
    Yes...it was You and You and You who voted them in!!!!
    So STOP DOING THAT!!!
    STOP VOTING FOR PUPPETS!!!!
    By the way Stats quoted here are false.....there are 2.4 Million Pensioners at present....which will double to 4.8Million in five to ten years!!! But where are the stats on how many will die in that time....yes in the next five to ten over 30% will die!!!!
    And where are the stats to show how many will get jobs because the 2.4million will retire....thus paying tax!!!
    And where are the stats to show the Govt NO LONGER has to pay for the Running of Power Water and Gas...all privatised!!!
    And lets just mention that the Govt also has 3 time Yes 3 TIMES...the Tax income that it used to get because of the Baby Boomers children....who pay tax!!!!
    Petrol, Tobacco, Alcohol, Registration, Import Duties etc have ALL increased...NOT decreased...with inflationary trends!!!!
    Yes, Yes, Yes!!!
    The Government is going broke!!! Not Likely!!! I repeat...Not Likely!!
    THEY SIMPLY CANNOT BALANCE OUR BUDGET....Yes OUR BUDGET....NOT THEIRS....OURS!!!! It is OUR Tax Money...Not Theirs!
    So YOU keep voting for the Party Puppets and You keep them happy.
    GOOD LUCK!!!
    particolor
    10th Mar 2015
    5:44am
    You'll Need It !!
    Patriot
    10th Mar 2015
    8:01am
    NSY,
    A well presented GRIM truth!
    Patriot
    10th Mar 2015
    10:06am
    NSY,
    During the years I have been following this forum "On-&-Off" I have observed that we have skirted around the REAL PROBLEM contimuously without actually talking about it.
    In my opinion, the real problems are:
    1 The International Banking Conspiracy
    2 The Shadow Government that the Elected Governments of almost ALL countries are subjected to.

    In ancient times, Troy could not be taken by a mighty army at its gates.
    However, Trickery, Curiosity & Stupidity allowed the horse inside its gates, and Tray fell because of a FEW MEN.

    That is the same with us, we have been infiltrated from the inside and EVERY Organisation that is supposedly created for our welfare is not only contributing to the welfare og the Globalist Corporations!

    The frustrating part is that, when one provides educational documentation to enlighten readers, they either do not seem to take it (no response & no change in attitude) or we are called "Rude & Objectionable" which is just another way of bullying by the "Government Trolls".
    Few posters on this website understand the calamity that is just around the corner!

    The Apathy of the Australian Public (in General) abhors me as it will committ our (grand)children to slavery. They do not deserve that!

    And that is whilst we "Sit infront of the Idiot Box" taking delivery of jet another dose of Lies, Inuendos & Brainwashing. This whilst we sip on fluoridated drinks to ensure that we remain "BrainDead".
    particolor
    10th Mar 2015
    10:26am
    HMM !! Turn the Radio Off and get a Rain Water Tank !! :-)
    Patriot
    10th Mar 2015
    11:37am
    particolor,
    I have 100,000 Litres of the stuff.
    Going without rain can sustain my home for "Close to one Year".
    particolor
    10th Mar 2015
    1:23pm
    So have I but I was worried about His Fluoride intake And His Bad listening Habits !! :-)
    sunny boy
    10th Mar 2015
    10:37am
    ... indeed patriot ... and one might say ... " 'round & 'round the rugged rock we ragged rascals ran ! " .... :-) ...

    ...we came out of WW2 with our sleeves rolled up .... built the Snowy River Scheme ... relaxed ... ate bananas ... and let "big money" take the reins ...

    ... plenty of chat ... little/no action ...

    ... one might say ... "Rorts rule the Roost" !!
    bartpcb
    10th Mar 2015
    10:55am
    Of course we're responsible. Responsible for a National health care system. Resposible for a Free education system, Resposible for financial support system when you're out of work, responsible for funding medical research which is saving and extending life, resposible for funding research into alternative energy usage, responsible for putting food on the table and a roof over the head of whinging ingrates like 'Patriot', at great cost to our individual well being. We could of course made the 'rational decision' and aborted the burden of ingrates and contributed the monies we wasted on them to a superanuation scheme. That way we oldies would have millions to retire on and no whinging ingrates to listen to.
    Patriot
    10th Mar 2015
    11:35am
    bartpcb
    Our national HealthCare System is really a National SicknessCare System. Our PLASTIC foods are so denurtured & full of toxins that we should not be able to classify it as food.

    Our education system is NOT FREE and will be much less free if we let the idiots who are currently in power have their way. Only Elite kids will be able to afford to be educated! Then again, Intellect is NOT created by a University education!

    Medical research only extends OUR EXISTENCE (in general) and not our life. Life meaning (in my humble opinion, living with quality & not being kept alive just to support the Medical Cartels).

    In the "Not too distant Future" China will be feeding us with food produced on "Once Australian Owned Farms" by means of Chinese imported labour!

    MATE, in another 30 years or so it will not only INTEGRATES like undersigned that will be euthanized. You also will be and you'll be so "Full of Fluoride & other Toxins" that you will not even know, understand or remember it.
    Just remember: "No honour amongst thieves"!
    Kato
    10th Mar 2015
    2:45pm
    This is just more over the top response from the Treasurer. Perhaps Mr Hockey could take a reverse view of the situation. Does he feel more under attack than all those on welfare support, child care, aged pensions etc. who he has accused of being ‘learners’ and therefore the subject of his punative policies? His attack on those less fortunate says much about the man
    particolor
    10th Mar 2015
    4:05pm
    I just heard He's buying 12 Submarines ?? Must be going to Attack us in the Bath now ?? :-(
    mangomick
    10th Mar 2015
    6:39pm
    Well if you are in the bath, just make sure you keep your periscope down...........
    maxchugg
    11th Mar 2015
    2:59pm
    There's nothing new in Hockey's line of argument. I first met up with the following about 40 years ago. I believe it came from a paper "The New Statesman" where it was entitled "How They Solved the Economic Crisis and Brought Peace and Prosperity to the Nation."
    It was crisis day in Parliament
    The house was hushed and still
    As a member roe with a question...
    “Are we doomed to go downhill?”
    “I am confident of an upturn!”
    The PM made reply...
    “If workers pay is held at bay
    We’ll all be home and dry!
    “How true!How true!” cried the workers
    “Let’s end our silly strike!
    We don’t want more money...
    You can stick it where you like.

    “Thanks Heavens!” yelled the bosses
    “There’s faith on the factory floor
    And now we have this extra loot
    We’ll give it to the poor!”
    They picked up all the money
    And ran on eager feet
    And pressed their surplus profits
    On the people in the street.
    They moved among the dole queues
    And boarded every bus
    With tear-filled eyes and heart-felt cries,
    “You need this more than us!”

    Soon all the people prospered,
    The Devil became a saint
    Now that the wicked unions
    Had exercised restraint.
    The cities were filled with singing
    And the sound of laughter spread
    As hand took hand in this golden land...
    And pigs flew overhead
    particolor
    11th Mar 2015
    5:36pm
    Ended Well :-(
    wally
    12th Mar 2015
    7:41pm
    And... "We'll all be rooned said..."
    Lula
    11th Mar 2015
    8:19pm
    What about importing young workers from overseas Who Will bécome tax payers and contribute to the economy. What better than refugees who have a very strong motivation to get ahead. Can we be sane and treat them decently instead of handicapping them for life by subjecting them to torture and trauma?
    particolor
    11th Mar 2015
    8:35pm
    WE ? I didn't do it !! See Abbott & Co !! And I think they are already letting 15,000 More WORKERS ? in now ?
    particolor
    11th Mar 2015
    8:37pm
    Its all our Fault ... Apparently !! :-(
    Adrianus
    12th Mar 2015
    10:57am
    Lula, the government is way ahead of you. Immigration is quite strong. If you are talking about the people smuggling business, I don't know if it's a good idea to start that up again? I could be wrong but my personal feeling is leave the government in control of immigration. I know Labor want to start it up again so it would only take a change in government.
    Commentator
    12th Mar 2015
    2:47pm
    Some years ago I heard that tax payers make a base payment of about 1.5 % from about 1950,also not mentioned anywhere is that past and present taxpayers have been supporting pensioners for the past 70 years. Also for the last 15 years or so they have also been contributing to their own retirement. Feel free to make corrections for timing. On top of that not having much in super I downsized to free up cash for holidays, operations, and feeling of security and freedom and so on, now they want to leave us with just $50,000 in savings. What is the point of downsizing ??
    moke
    12th Mar 2015
    4:55pm
    I firmly believe that keeping the older generation working longer is disadvantaging the younger generation who will not get the opportunity to get the experience required to fill the positions when the Baby Boomers retire. Also it must be costing just as much or more in unemployment benefits etc. so why blame the older generation.
    moke
    12th Mar 2015
    4:55pm
    I firmly believe that keeping the older generation working longer is disadvantaging the younger generation who will not get the opportunity to get the experience required to fill the positions when the Baby Boomers retire. Also it must be costing just as much or more in unemployment benefits etc. so why blame the older generation.
    particolor
    12th Mar 2015
    5:03pm
    They will find that out when their chain breaks at the Weakest Link !! :-(
    Kato
    12th Mar 2015
    10:51pm
    https://www.getup.org.au/campaigns/tpp/tpp-hawaii2/the-dirtiest-deal-youve-never-heard-of?t=BKNjgI20m&utm_content=7463&utm_campaign=What%20you%20don%27t%20know%20will%20hurt%20you&utm_source=blast&utm_medium=email
    Anonymous
    16th Mar 2015
    11:39am
    As we all know times change, circumstances change and something has to be done to ensure there is a safety net for those who will need it in retirement.

    Can someone come up with a solution as to what "should" happen to ensure there is enough money for those coming behind us.

    The time may come when there will be "no" pension or very little. I think the thresholds of the assets test need to be lowered for one thing.
    Christine
    13th Mar 2015
    11:59am
    I consider myself "surplus to requirements". In a society that will not employ older people who WANT to work, why drive back older people who do not want to work? It makes no sense. But does anything make any sense any more? We cannot put facts on the table. We cannot debate those facts logically any more. We cannot design future policies in a spirit of problem solving for all. We have to find someone to blame for everything and then punish them, single mothers, young dole bludgers, old pension bludgers, the target shifts but the attitude does not. Blame the vulnerable for the greed and lack of community sensibility of the rich. Everything is about perceptions and impressions. Our economic woes can be fixed very simply by the rich investing in Australia instead of speculating on the money markets. There are plenty of highly skilled and up to date people out there desperate to work if only the jobs were there for them. Solve that problem first!
    particolor
    13th Mar 2015
    7:31pm
    RIGHT !!