Labor to hit self funded retirees.

[Black Orchid]

If they take too much from the self funded retiree they will have to supplement it with a part pension.

[cods]

they havent worked that part out yet bo...i mean 40% drop in income... thats huge..

didnt Bowen say

they dont have to vote for labor do they???>.


very arrogant...I can feel another hillary coming on....

[Black Orchid]

.. Labor splash cash everywhere but then when the Liberals come back into power and try and balance the budget they get howled down for cutting and slashing..

That's what worries me the most. The amount of cutting and slashing that the LNP will have to do for a decade after Bill has been kicked to the kerb.

[Bobby]

Our national Govt. debt will be $1 trillion

within 18 months under Labor.

[Serial Brain 9]

This is just economically Stupid.

Robbing the self funded retiree only to put them back on the pension.

So taking money with one hand via their dirty TAX and then having to give it back as a pension.

You wont be able to take your super in a lump sum anymore - it’ll be kept in the account and paid back to you as a weekly amount as their pension - this will save Pensioners blowing the lot on an expensive car or whatever and then putting their hand out for a pension.

But if the Government wants to make people “self funded” retirees via super funds then said Government MUST keep their greedy mits out of the super funds - the money in them are Taxed three times before you get your hands on it.

But this is the thing - Greedy Governments trying to buy votes by splashing cash all around leaving Australia in Debt - so then they try to TAX their way out of it which only KILLS the economy.

[brian ross]

Our national Govt. debt will be $1 trillion

within 18 months under Labor.

I think you're talking more about the Tories, Bobby.

Remember when they promised they'd fix the ALP "debt problem"? Funny how they've doubled the debt since then...

[Bobby]

Our national Govt. debt will be $1 trillion

within 18 months under Labor.

I think you're talking more about the Tories, Bobby.

Remember when they promised they'd fix the ALP "debt problem"? Funny how they've doubled the debt since then...

More than tripled it actually.

[Serial Brain 9]

So lets see where this problem began

[Bobby]

Both parties have borrowed to the extreme.

Maybe if they didn't we'd be in a 1929 type depression?

[Serial Brain 9]

Both parties have borrowed to the extreme.

Maybe if they didn't we'd be in a 1929 type depression?

Most, if not all of our debt has been on waste.

Pink Bats
TV set top boxes
School Halls program
Million dollar tuck shops no bigger than a single car garage
1 Billion dollars NOT to build a road that we desperately need
Child Care
Australian built Submarines
Government Building contracts whereby even the tearoom cleaner gets $125,000 a year
Desal plants not in use - blow up the first time they get turned on
North/South pipelines gathering rust

I could go on all day long