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Pensions are charity : Comments
By David Leyonhjelm, published 17/2/2015If anything, I and my fellow baby boomers should pay the rest of Australia a lump sum when we retire, to cover the debt we are leaving.
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Annual cost at least $500 million.
7. Anti-terrorism
An extra $630 million has gone to security agencies to deal with the threat of "home-grown terrorism" which Australia’s involvement in Iraq foments.
8. F-35 joint strike fighters
$12.4 billion has been allocated for these problem-plagued American stealth jets. Not the most cost effective option.
9. Marble for Canberra buildings
Defence is spending more than $500,000 on marble panelling. Carrara marble, from Italy.
10. Other bizarre defence outlays
These include celebrity speakers and a full tendering process to acquire a multipurpose knife for camping out.
11. Futile search for missing Malaysian aircraft 370
Estimated at $1 million per day.
12. Royal commission into the pink batts
This vindictive political witch-hunt cost an estimated $20 million, discovered nothing new and failed completely to explore the real questions demanding answers.
13. Royal commission into trade unions
Another political vendetta squandered an estimated $61 million.
14. Direct Action Plan
This pays some businesses to reduce carbon emissions but frees others to increase theirs. The waste is about $2.55 billion over four years, plus costs incurred thereafter.
15. Religion
Money is now available to train priests and other religious workers and for school chaplains, while funding for non-religious counsellors is cut.
16. Pseudo-sciences
Federal funds are now available for homeopathy and Bach flower therapy.