Noel Whittaker's article in today Sunday Times WA

Whittaker has written  that the Social Security Budget is $159 billion a year.

It accounts for a third of the Commonwealth Budget which is $451 billion.

The cost of the Social Security budget is growing at 8% a year while total revenue is growing at less than 3%.

Given that we borrow one billion a month blindy freddy can see something has to be done. 

More cuts will have to be made so I cannot see much happening to the changes proposed re superannuation .

3 comments

 

..... get rid of the pollies $199,000 ongoing disgusting "life" pension's and Gold Travel Cards! 

...  stop paying welfare to people who earn "real" money and don't declare it!

.... stop the expensive plebiscite on gay marriage!

.... make the "big boys" pay correct taxes!

.... make companies like Ikea - Apple - Mining Co's. etc. pay proper taxes instead of hiding $$$ 

     off-shore!  

Stick the GST up!  Extra 5% -  neither here nor there .......

.....CANCEL the ridiculous submarine order (outdated by the time they will be built!)

.....drop in the ocean I realise but least it's a start!  lol 

Oh and "quick-fix" -  instead of "dumping" the 200 million dollars worth of drugs that Border Patrol reportedly seize every week - how about they re-sell it on the streets for double/triple the money???  Hahahahaaaaa - gotcha - sorry!   :-)

On the right track there Foxy. (Maybe not the last bit, but.......)

Nah! they'll just put more tax on all the stuff that makes life bearable for the pensioners, low wage earners etc .... alcohol, cigs, sugar treats and all the other 'cancer causing' crap that they say is bad for us and which the hoi polois will continue to consume because they can afford them ( they don't want these things banned, cos then they'd have to go without them too )

Good to see you posting Maggie :)

I like your quick fix Foxy :)

lol - thanks  Abby - nice to see you still have ya sense of humour!  lol   :-) 

Pepe said "Given that we borrow one billion a month blindy freddy can see something has to be done. "

Yep. Tax people more.

Australia isn't poor. Just look at the houses and cars people own. The stupid government is poor becasue John Howard used massive income tax cuts, especially for the rich, to buy votes. Anyone earning over $80,000 p.a. could pay more tax without their lifestyle really suffering. 

Sadly though, neither the Libs not Labor has the electoral courage to reverse those tax cuts.

Foxy is on the right track too.

...Quote :  "Australia isn't poor" ..   You got that right!  This morning on BBC World News  (OutSource I think it's called??) they actually said ....how disgusting it was that ........  "the RICHEST COUNTRY IN THE WORLD - AUSTRALIA ...." dared to treat children in the NT Correction facility the way they did and ought to be embarrassed that the footage was released for the world to see .........

Thank goodness we have reporters and programmes like Four Corners - Dateline - Foreign Correspondent etc. to reveal to people what is being "hidden" regarding people and animals! 

3 comments



To make a comment, please register or login

Preview your comment