Are you prepared to work until you are 70?

[i-need-a-martini]

There is no way I will be. I am not planning to work beyond 55!

But it won't affect people like me will it? I have my own plans and they will be self funded.

So once again, it will be those less fortunate and less able to take care of themselves who will suffer.

[polocross58]

I'll do my bit to put LNP out of office if they proceed with this sadism

What was Abbott's obsession with the unaffordable parental leave thing anyway?  Does he make decisions or simply take orders from the world's shadow government?

If we're to assume Abbott comes up with this stuff off his own bat, where the hell is Mrs Abbott in the scheme of things?  Why hasn't she told him to get his head re-wired?  Paid parental leave for those who believe they've done us all a huge favour by simply producing another of themselves at the cost of starving and worrying to death the elderly whove struggled and paid taxes all their lives?  That's sadism.  That's deliberate cruelty.  It's inhumane.  It's disgusting

Aussies won't stand for it.  At least I hope they won't

Hockey and Abbott both students at the same Jesuit school?  Not much of a recommendation for that school, imo

Anyway, I'll actually get off my bum and join whatever protests are required to force Hockey to back down or kill him from the worry

[2106greencat]

I haven't read the whole thread - and just wondering if anyone knows the current stats on: 

1. How much enemployment costs the country ?

2. How much pension payments costs the country ?

I know I can look it up myself, but I am tired out from all the work I do and the thought of having to do it for another 15 years or so.

[nero_bolt]

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@polocross58 wrote:

---

So if it was to come in to law in say 20 or 30 years time will it affect you in any way?

You may want to tell us how we are going to afford to pay for all this welfare

Would you be saying the same thing if Labor said that they will have to do it or look at it?

Did you protest when labor put the age up to 67?

You may wish to go and read these papers from  TREASURY...

http://www.treasury.gov.au/PublicationsAndMedia/Speeches/2014/Fiscal_sustainability

and this one  http://www.pc.gov.au/__data/assets/pdf_file/0005/129749/ageing-australia.pdf

[nero_bolt]

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@2106greencat wrote:

2. How much pension payments costs the country ?

I know I can look it up myself, but I am tired out from all the work I do and the thought of having to do it for another 15 years or so.

---

From post 54

When the Australian Government introduced the Age Pension in 1909, a man aged 65 years could expect to live around 14 years more, whereas a man born 100 years later could expect to live around 29 years after age 65 years.

The single pension is now $842.80 a fortnight. A pensioner living to age 85 will claim $400,000 in pension payments, not including payments for the seniors health card, hospital treatment, aged care or any other government support. Very few would have contributed so much in taxes, which are also meant to pay for schools, roads, defences forces, public transport, the dole.....

Welfare and health costs are exploding, warns Treasury, just as national growth is slowing:

… total Commonwealth expenditure on health is anticipated to rise from $64.7 billion in nominal terms in 2013-14 to ... $116 billion in 2023-24.

Similarly, our three main pension payments – the aged pension, disability support pension and carers’ payment – grow at an annual rate of 6 per cent per annum in nominal terms over the forward estimates, adding ... another $39 billion to annual payments by 2023-24. 

[donnashuggy]

Some people aren't selfish in their views nero, they don't need to house refugees themselve or be at retirment age to have an opinion on government policies.

[polocross58]

Nero ---- Switzerland gives all elderly citizens a decent amount of money on which to survive

Here in Australia, we're robbing the helpless and elderly in order to fund non-working (and probably never will) migrants who've opted for an easy life

Australia touts itself as the rich country.  So rich, it hands money to those who've done nothing more arduous than go to bed together and produce another of themselves as a side-effect !

So rich, we just handed another $7.5 million dollars to some place in Africa

So rich our kids are killing themselves en masse

So rich, we're funding 3,5000 schools in Indonesia this year on top of the billions we hand them -- not counting 'our' generosity to just about every place on the planet

Yet here in 'rich' Australia, people can't get a simple ordinary job despite submitting over 400 applications.  They're not asking for charity.  They just want to earn their keep.  But our treacherous governments have sent almost all the jobs overseas

Then we have idiot Hockey grandstanding about the REST of the G20 nations not doing their share to 'increase productivity and create millions of jobs' according to today's news

At the same time, today, I watched an old woman stagger -- literally stagger and lurch up the road with her string bag.  She needs a hip replacement or maybe two.  She was as frail as a rail.  It was painful to watch.  And there are scores just like her in every suburb, eking out an existence on the pittance paid them for a life of work and stress by our treacherous governments who are SO filled with bloody compassion for the entire rest of the world but don't give a **bleep** for their own -- despite it's their own they rob and plunder so they can send Aussies' money overseas

Nero, sounds as if you've fallen for the BS about how we 'can't afford our ageing generations'

either that or you think you can persuade everyone else to believe that BS

The seniors of today have already PAID for their retirement

What were Australia's treacherous governments DOING with that money when they were raking it in --- sending it overseas as if Australia really WAS 'rich' ?

You look after your own first, second, third

If everyone did that, there would be no problems

I've wiped you off the credible list, Nero.  Because you think you can soft pedal this monstosity of a 'suggestion' by Hockey

[nero_bolt]

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@donnashuggy wrote:

---

  Still waiting for proof of your accusations in post 69

Please provide it  or s it just an accusation that has no proof at all? 

[2106greencat]

Thanks Nero - sorry I should have read through for myself....

Isn't it more financially sound to free the jobs up at the other end (retirement age unchanged) so the new and current jobseekers of today can get off unemployment ?

Q to no-one in particular - just wonderin'

[donnashuggy]

The seniors of today have already PAID for their retirement

That's right!

[i-need-a-martini]

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@nero_wulf wrote:

Labor supporters have very short memories

The decision to increase the pension age was taken in 2009 under Labor  to 67

Labor introduced changes in 2009 that will see the pension age rise from 65 to 67 between 2017 and 2023.

The official retirement age will rise from 65 years to 67. No-one in Australia will be able to access the age pension until they have celebrated their 67th birthday.

The age of 67 is hardly a milestone these days. When the age pension was introduced in the first decade of the 20th century, for many people their 65th year coincided with the unhappy event of their death. Plenty had already dropped off the perch before then.

---

What is fascinating is that no-one mentioned or pointed the finger at either the Labor or Liberal governments until you decided to put your 2cents in.

Why can't you simply join a discussion on it's merits rather than screaming "It was them! It was them!"?

Get as hysterical as you like nero but this thread was about the possibilitiy of people working until they are 70. I don't care which government introduces it, the implications of the policy are still abhorrent.