No share for pensioners

There are three ways of viewing Budget 2012-3; politically, economically or personally

Blog, Kaye, No share for pensioners, Budget 2012 - 2013, Mr Wayne Swan, Treasurer, Super contributions, older workers, dental care, government, seniors, age pensioners, poverty, australia

There are three ways of viewing Budget 2012-3; politically, economically or personally

The hyped-up chattering classes in Canberra’s press gallery long ago put a death sentence on the Gillard government, so expect few favourable reviews from our media this morning. Underneath the screaming headlines – for instance, the Australian's Smash the rich, save the base – the political reality of this budget is an attempt to cut expenditure in order to fund a range of initiatives to help those less well off. It is a clear indication the Labor Party is hoping its traditional supporter base will respond to this re-allocation of funding, much of it in the form of handouts.

The economic perspective is a different case altogether. With a fragile global economic outlook and a patchwork economy at home, where a handful of sectors are doing very well, more are just managing and a few are sinking fast, it was not the right time to stick to Mr Swan’s promise and Mr Abbott’s demands for a surplus. The sensible, if politically suicidal, cause would have been to prime the pumps and allocate funds to encourage business and consumers as well as those in lower socio-economic groups.

And what does the budget mean personally?

Personally, for YOURLifeChoices website, means how this budget affects the seven million Australians aged 50 and over.

And quite frankly there is little in there to shape – let alone support – an ageing Australia.

The Treasurer, Wayne Swan, declared that this budget would spred the benefits of this boom with more Australians. Well it has handouts for families with school age children. But for those without a job or on a pension there is little joy. The one bright spot is the removal of the cap on super contributions for older workers.  That is good news for the handful who are still working beyond age 70. And faster access to much-needed dental care is good news for everyone. But we have said it before, and we will say it again, until the Government acts.

Age pensioners are living on a full $2,000 less than the amount required to eke out a modest existence (ASFA Retirement Living Standard). And that is only possible if they live in a house which they own outright.

This is called poverty

Until we better value and support those who have worked all their lives and supported us through their effort, endeavour and tax payments, then we are not serious about sharing the benefits of the boom at all.





    COMMENTS

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    pate
    9th May 2012
    2:20pm
    the first government who takes from the truly rich i.e. the Politicians & gives to the needy will win the eternal gratitude & some votes from the masses.
    retroy
    11th May 2012
    1:47pm
    Taking from some one else is stealing, so is that what we want for Australia.

    Its up to the individual to make their way in life, not to expect hand outs all the time.
    holycow
    9th May 2012
    3:29pm
    With all of the free government handouts to kids and so called struggling families, aren't we breading a culture of expectations for the young generation rather that a culture work for a living and look after yourself. Help those who really need it by all means, like pensioners but isn't this is handout sending the wrong message to kids?
    billyangel
    9th May 2012
    3:45pm
    You must remember the Prime Minister said that when Rudd was increasing the pensions and giving out Bonus Payments that she did not support it at that time so what chance do we have while she is the Prime Minister..
    BettyBoo
    9th May 2012
    4:47pm
    Goodness me, you're a miserable lot. Try living in a third world country for a while and then you might appreciate how well off we are in our beautiful country. And Kaye, you seem to have overlooked the money being allocated to aged care changes that will make it easier for older Australians to stay in their home while they receive care and ensure more people will get to keep their family home. Let's have a glass half-full approach folks.

    10th May 2012
    12:22pm
    There would be lots of spare money for pension increases if we got rid of one of the tiers of government. State government is the prefered to go.
    Acushla
    14th Jun 2012
    9:59am
    Davey, if it was not for the LNP State Governments, Gillard would have completely broken her promises.
    Tadpole
    10th May 2012
    3:07pm
    And there would be a hell of a lot more if we were not supporting numerous past prime ministers, and paying department heads obscene amounts of money,and if we had a government that put Australia and Australians first ,last and ,always
    micky d.
    10th May 2012
    4:58pm
    BettyBoo posted this;
    "Goodness me, you're a miserable lot. Try living in a third world country for a while and then you might appreciate how well off we are in our beautiful country. And Kaye, you seem to have overlooked the money being allocated to aged care changes that will make it easier for older Australians to stay in their home while they receive care and ensure more people will
    get to keep their family home. Let's have a glass half-full approach folks."

    BettyBoo, I'm not sure which third world country you have tried living in and I'm sure you're right about certain countries BUT my wife and I have been living in Thailand for the past 5 years and like all nationality expats , we have considered ourselves to be economic refugees.
    Let me assure you that our pension dollar stretches at least 4-5 times there than it does back home and the life is absolutely grand. Medical and dental services are world class and cheap.
    Rent, transport, clothing, class entertainment, services etc brilliant and cheap. One can afford virtually anything one wants there. Motor cars are expensive (repairs dirt-cheap).
    We shall be extremely sorry to return to the economic hardships we must face back home when we return to Oz very shortly.
    Be assured that we have truly appreciated how well off we were living THERE and, yes, the country is beautiful too.
    Now if I sound un-patriotic, I'm certainly NOT. I love Australia but it's a pretty tough place to afford being anything but miserable when you have to think twice about buying anything, even a cuppa and cake with the missus.
    Cheers BettyBoo. Best wishes
    particolor
    10th May 2012
    7:23pm
    Thank you Michael Dean for giving it to Betty Boo !!! From Toorak ???
    And lets not forget a Famous political Statement that raised my Eyebrows to my hairline!!
    Julia Gillard..".Pensioners do not vote Labor!!!???? " WHAT ???? How the Hell does she think she is standing where she is without them??? Well they Most Certainly Will Not Now!!!!...The Death of the Labor Party!!!..Incidently ...I voted Independent,and He won his seat!!! The Grossly Over Paid UH HEM!! Did !! Thank you for your Ears Fellow Romans!!! YIPPEEEEEE !!!
    particolor
    10th May 2012
    7:26pm
    PS...I hope I did not Offend any Religous Group !!!
    Aloysius
    11th May 2012
    12:06pm
    The Budget surplus is an accounting trick as expenditure has been brought forward or deferred to later years. We have a record deficit now.
    CANdo says:
    Labor's promise of a budget surplus is as honest as Treasurer Wayne Swan's hand on heart election promise not to bring in a carbon dioxide tax.

    And they are hiding expenditure they'd have to reveal if they were company directors. That socialist dream, the National Broadband Network, is a 40 billion dollar hole in the budget.

    The International Monetary Fund has just found the deterioration in our budget balance from 2006-07 was the fifth largest for the advanced economies - up with Greece, Iceland and Spain. Our budgetary position under Wayne Swan is even worse than that under the Whitlam government.

    Labor has given 7 billion for the EU to live beyond its means, 5 billion to buy a temporary seat on the UN Security Council, foreign aid spending as if they were charged to some trade union boss's credit card, 1 billion for queue jumpers which is certain to blow out and 7 billion just for the interest on the massive debt they have incurred since they came to office.
    There is no plan to pay off the debt. In fact they're planning to borrow more - they've slipped through an authorisation to increase the amount they can borrow to an unbelievable $300 billion.

    In the meantime, there's a lousy 300 million or so for seriously disabled Australians under the long-awaited National Disability Scheme. Those are the priorities under the Gillard government's 2012 budget.

    Australians have every right to be angry with this wasteful, incompetent and deceitful government.
    particolor
    15th Jun 2012
    8:54am
    More (Skilled) Boat People Needed !! Must have TB and Measles!!
    Free House and $10,000 on arrival !!! YAY!!
    My LEEERVE To... Carbon Tax Sally !!.. Kiss Kiss !!
    particolor
    15th Jun 2012
    8:56am
    ERM!!! SORRY !!


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