News & Current Affairs
07 April 2014
Abbott leaves door open on aged pension changes
I am confident that pensioners will get a good deal from this government.
PM declines to rule out changes such as raising pension age, instead telling pensioners he will get rid of the carbon tax
Obviously, as we have known for quite some time now, there is a demographic issue that our country is grappling with.
Just on the subject of the aged pension, the reassurance that I want to give to pensioners is that you will lose the carbon tax but keep the compensation. You will lose the carbon tax but keep the compensation. That is why I am confident that pensioners will get a good deal from this government.
Abbott said former Liberal treasurer Peter Costello had introduced intergenerational reports to alert people to the fact that the workforce was shrinking.
My concern is that the pension was put in place to reduce poverty among older Australians and I'm worried by any proposal that sees the pension do less to reduce poverty among older Australians.
he told the Bolt Report.
We know that, for people in jobs like the ones that you or I do, the physical condition of your body may not matter too much. But if you're a blue-collar worker, then the idea of saying that, Well, white-collar workers can get their super at age 60. You have to wait until age 70. Keep on working as a cleaner or a factory hand til 70, seems pretty rough to me.
The shadow minister for families and payments, Jenny Macklin, attacked Abbott over the report saying the government was using its secretive Commission of Audit to manufacture a crisis that is not there. Macklin said Australia spent 3.5% of its GDP on the aged pension, compared with 7.8% across the OECD in 2009.
As well as flagging pension cuts, we are once again seeing the government deliberately fabricating facts to create a sense of crisis as cover for its cuts. she said. Make no mistake, any change to the pension would be a clear broken promise, and a betrayal of Australia's pensioners.
Macklin demanded the government rule out any changes to the pension.