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The Forum > General Discussion > Is The Aged Pension Unsustainable Long Term

Is The Aged Pension Unsustainable Long Term

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Indy,

"These same "refugees" are now demanding their relatives & long-term unemployed receive the same. Does this sound familiar to Australians ?"

YES indeed it does! As we know you are a "blow in", who was given a cash handout on arrival, housing, free public transport, taxi fares, beer money, a well paid cushy job in the ps, you gotta have loved that ps job, 30 mins "work" then off to smoke-O' until knock off time at 4 o'clock. That all changed in 72 when Gough sus'd you fellas out, and the gravy train came to an abrupt halt, unfortunately for us taxpayers, it pulled up outside the Centrelink office, where you have been a permanent fixture ever since. Did I get anything wrong?
Posted by Paul1405, Friday, 6 June 2025 4:18:52 PM
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Paul1405,
If being silly were to cause pain you'd be screaming day & night !
Posted by Indyvidual, Saturday, 7 June 2025 7:34:08 PM
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Society can not afford to be without an old age pension. Superannuation is a very good idea however, it must be self-funded not Government contributed. Negative gearing must not be allowed to subsidise Superannuation. It is happening but can not be sustained & we're seeing that already ! Superannuation has to be purely self-funded if we want to break the cycle of imbalance we're going through now. A Flat Tax must also be introduced before long if we don't want the Nation to continue go down the third world road !
Posted by Indyvidual, Monday, 9 June 2025 7:22:25 AM
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Indy you are being delusional once again,

"Society can not afford to be without an old age pension", of course it can in the future. As a long term recipient of generous taxpayer funded "la graisse" in the form of aged welfare, naturally you will try to justify this generous tax hand out.

"Superannuation has to be purely self-funded if we want to break the cycle of imbalance we're going through now." That is the case now with the 12% superannuation guarantee, forgone income by employees, contributed to superannuation by the employers.
Posted by Paul1405, Tuesday, 10 June 2025 6:13:18 AM
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forgone income by employees
Paul1405,
12% is way more than 7.5% & it puts manufacturing & service costs under unsustainable pressure by feeding inflation !
Posted by Indyvidual, Tuesday, 10 June 2025 9:48:11 AM
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At the end of a working life there has to be an income equivalent close to the standard wage to ensure a reasonable standard of living & to keep the economy going. A pension must not be welfare, it must be contributed to by everyone for everyone. The present generation contributes to the previous generation & the next generation contributes for the present generation . Salaries must be brought back to moral levels. Private enterprise can pay more if its workforce is efficient enough to make the profits required. No public funding should be used to prop up private salaries. Public funding must only be provided to pay for projects & services. A Flat Tax & no negative gearing would see this work for the good of society !
No bureaucrat salary should be above the PM's ! There's simply no morally justified reason for the immoral salaries in the Public Service.
Posted by Indyvidual, Wednesday, 11 June 2025 7:12:41 PM
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