Australian Politics Forum - Will Some People Be Kicked Off The Aged Pension.

imcrookonit

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Will Some People Be Kicked Off The Aged Pension.
Mar 31^st, 2014 at 6:59pm

Federal Government has not ruled out cuts to the age pension as part of sacrifices in the Budget Shocked

Jessica Marszalek Federal Politics Reporter
Herald Sun
April 01, 2014

THE Federal Government has not ruled out kicking some people off the age pension, as it warns sacrifices will have to be made by all for the Budget.

Treasurer Joe Hockey, receiving a commission of audit report that will shape May’s Budget, warned the Government had “run out of money”. Sad

Blaming Labor’s legacy, Mr Hockey would not say where and what in the Budget he will cut, but said Australia’s quality of life would decline without tough decisions.

“If the heavy lifting is left on the shoulders of one group, or one age group, or one demographic, then it will crush them,” he said.

Indicating changes to welfare across the board, Mr Hockey said he suspected receiving less Government help would be popular with no one.

“But the fact is, sooner or later, governments run out of money and are unable to maintain current expenditure,” he said. Sad

“Well, we’ve reached that point,” the Treasurer said.

Asked whether people who owned expensive homes should still be able to claim a part age pension, he said: “Well that’s something obviously that needs to be taken into account.”

He added: “These are debates that need to be had.”

An unlikely collection of business, union, social services and economists last month called for the family home to be included in the asset test, or the cut-off for part pensions to be lowered.

Currently, a pensioner couple who own their home can have $279,000 in assets and a single pensioner can have $196,750 and receive the full pension, no matter how valuable their home is.

A couple can have up to $1,110,500 in assets, besides the family home, and a single person up to $748,250, and still be paid a part pension.

Mr Hockey said that Australians were now living longer was something that should be celebrated.

“The question is, how do we sustain these sorts of payments and ensure that they are sustainable in 10, 20 and 30 years’ time, not just about tomorrow,” he said.

The Treasurer said health care and the National Disability Insurance Scheme must also be sustainable.

There is speculation he is considering the merits of a $6 co-payment for visits to a GP. Sad

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imcrookonit Ex Member	Re: Will Some People Be Kicked Off The Aged Pension. Reply #1 - Mar 31^st, 2014 at 7:14pm Has the government run out of money Mr Hockey?.
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Grappler Truth Teller Feller

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Re: Will Some People Be Kicked Off The Aged Pension.
Reply #2 - Mar 31^st, 2014 at 7:25pm

Crazy Joe is just that - crazy. the government NEVER 'runs out of money' - it constantly turns over welfare dollars within a week in tax recouped, and is recipient of never-ending flows of money from tax in all directions - finally adding up to 100%.

They have not 'run out of money' - they have run out the budget with stupid garbage that they should not be doing - it's called waste.

This shows clearly that Crazy Joe of the Hock Shop is not worth the paper he's written off....

Time for that march on Canberra?

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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Grappler Truth Teller Feller

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Re: Will Some People Be Kicked Off The Aged Pension.
Reply #3 - Mar 31^st, 2014 at 7:29pm

Quote:

An unlikely collection of business, union, social services and economists last month called for the family home to be included in the asset test, or the cut-off for part pensions to be lowered.

Currently, a pensioner couple who own their home can have $279,000 in assets and a single pensioner can have $196,750 and receive the full pension, no matter how valuable their home is.

A couple can have up to $1,110,500 in assets, besides the family home, and a single person up to $748,250, and still be paid a part pension.

Mr Hockey said that Australians were now living longer was something that should be celebrated.

“The question is, how do we sustain these sorts of payments and ensure that they are sustainable in 10, 20 and 30 years’ time, not just about tomorrow,” he said.

The Treasurer said health care and the National Disability Insurance Scheme must also be sustainable.

There is speculation he is considering the merits of a $6 co-payment for visits to a GP. Sad

Yeah - but you can't eat assets, and they ARE bought and paid for.

How many people bought a princely home for $45k and it ended up worth $1m.. are they responsible for that? their cost of living has gone up alongside that rise, so they are no better off.

Perhaps a closer look needs to be taken at money earned with some of these assets - how many assets can you have?

I mean - include one home - fine - but two extra holiday homes? No way.

I guess there has to be a cutoff some where, as long as it does not lead to pensioners starving in the streets....

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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Kat Gold Member Offline Socialism IS the answer. Posts: 17709 Everywhere and no-where Gender:	Re: Will Some People Be Kicked Off The Aged Pension. Reply #4 - Mar 31^st, 2014 at 7:32pm Nothing this filth do surprises me any longer. This grub, Hockey, is incompetent, and well out of his depth.
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Bam Gold Member Offline Australian Politics Posts: 21905 Gender:	Re: Will Some People Be Kicked Off The Aged Pension. Reply #5 - Mar 31^st, 2014 at 7:47pm Quote: Has the government run out of money Mr Hockey?. Of course it hasn't - this is just another Hockeidonian lie. If he wants to find out what a government running out of money is really like, the Senate should oblige him by blocking supply.
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Kat

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Re: Will Some People Be Kicked Off The Aged Pension.
Reply #6 - Mar 31^st, 2014 at 10:13pm

Bam wrote on Mar 31^st, 2014 at 7:47pm:

Quote:

Has the government run out of money Mr Hockey?. Sad

Of course it hasn't - this is just another Hockeidonian lie.

If he wants to find out what a government running out of money is really like, the Senate should oblige him by blocking supply.

Shame they don't. Angry

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Andrei.Hicks

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Re: Will Some People Be Kicked Off The Aged Pension.
Reply #7 - Mar 31^st, 2014 at 10:15pm

Quote:

Federal Government has not ruled out cuts to the age pension as part of sacrifices in the Budget Shocked

Jessica Marszalek Federal Politics Reporter
Herald Sun
April 01, 2014

THE Federal Government has not ruled out kicking some people off the age pension, as it warns sacrifices will have to be made by all for the Budget.

Treasurer Joe Hockey, receiving a commission of audit report that will shape May’s Budget, warned the Government had “run out of money”. Sad

Blaming Labor’s legacy, Mr Hockey would not say where and what in the Budget he will cut, but said Australia’s quality of life would decline without tough decisions.

“If the heavy lifting is left on the shoulders of one group, or one age group, or one demographic, then it will crush them,” he said.

Indicating changes to welfare across the board, Mr Hockey said he suspected receiving less Government help would be popular with no one.

“But the fact is, sooner or later, governments run out of money and are unable to maintain current expenditure,” he said. Sad

“Well, we’ve reached that point,” the Treasurer said.

Asked whether people who owned expensive homes should still be able to claim a part age pension, he said: “Well that’s something obviously that needs to be taken into account.”

He added: “These are debates that need to be had.”

An unlikely collection of business, union, social services and economists last month called for the family home to be included in the asset test, or the cut-off for part pensions to be lowered.

Currently, a pensioner couple who own their home can have $279,000 in assets and a single pensioner can have $196,750 and receive the full pension, no matter how valuable their home is.

A couple can have up to $1,110,500 in assets, besides the family home, and a single person up to $748,250, and still be paid a part pension.

Mr Hockey said that Australians were now living longer was something that should be celebrated.

“The question is, how do we sustain these sorts of payments and ensure that they are sustainable in 10, 20 and 30 years’ time, not just about tomorrow,” he said.

The Treasurer said health care and the National Disability Insurance Scheme must also be sustainable.

There is speculation he is considering the merits of a $6 co-payment for visits to a GP. Sad

You realize you moan about something every single day?

Here's a clue mate, life really isn't that hard....

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Anyone who lives within their means suffers from a lack of imagination - Oscar Wilde

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tickleandrose

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Re: Will Some People Be Kicked Off The Aged Pension.
Reply #8 - Apr 1^st, 2014 at 8:30am

We are facing an ever ageing population. And this ageing population does not quiet like the idea of immigration, but still expect all the services and funds.

Well, this is not going to happen. The ratio of tax payer to retiree is ever increasing. The burden of health care is ever increasing. And Minister Hockey is quiet right that this is unsustainable. This would be same for any party.

And if people think that this is a tough call, well, the younger generation of today who are supporting the ageing population will have even more tough days when they get old.

The best thing we can do, is to become self sufficient.

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woody2014

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Re: Will Some People Be Kicked Off The Aged Pension.
Reply #9 - Apr 1^st, 2014 at 8:35am

tickleandrose wrote on Apr 1^st, 2014 at 8:30am:

We are facing an ever ageing population. And this ageing population does not quiet like the idea of immigration, but still expect all the services and funds.

Well, this is not going to happen. The ratio of tax payer to retiree is ever increasing. The burden of health care is ever increasing. And Minister Hockey is quiet right that this is unsustainable. This would be same for any party.

And if people think that this is a tough call, well, the younger generation of today who are supporting the ageing population will have even more tough days when they get old.

The best thing we can do, is to become self sufficient.

Some one has to pay.. If Joe's got the guts GOOD LUCK TO HIM Wink

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THE DUMB LEFTIES ON THIS BOARD DONT KNOW IF THERE WINDING THEIR ARSE OR SCRATCHING THEIR WATCH

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Dsmithy70

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Re: Will Some People Be Kicked Off The Aged Pension.
Reply #10 - Apr 1^st, 2014 at 8:38am

Grappler Truth Teller Feller wrote on Mar 31^st, 2014 at 7:29pm:

Yeah - but you can't eat assets, and they ARE bought and paid for.

Quote:

A couple can have up to $1,110,500 in assets, besides the family home, and a single person up to $748,250, and still be paid a part pension.

The Key word is BESIDES.

So they can have the family home bought for 45K now valued at 1.5 million & then assets worth another 1.1 million.

It's the same argument over & over these days.

I'm rich, give me a hand out reward.

F.F.S $1,110,500 million in a 4% normal bank account will give you $44,420 p/year, but again if you've got a million in the bank the bank does you "Special Deals"

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REBELLION is not what most people think it is.
REBELLION is when you turn off the TV & start educating & thinking for yourself.
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aquascoot

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Re: Will Some People Be Kicked Off The Aged Pension.
Reply #11 - Apr 1^st, 2014 at 8:47am

I'd like to see the establishment of a work for the pension scheme.
A "gray army".

Its in the best interests of the elderly to maintain physical fitness and it also maintains community ties.

As an example, elderly pensioners could be doing a lot of the lower level work in aged care facilities and even in neighbourhood.

So the healthy pensioners should be helping to feed the other oldies in aged care homes. Old grannies should be helping with meal preparation and old grandpa's could help do the washing up, a bit of gardening etc.
In local communities, there are plenty of 65 yo pensioners who could care for local parks, do the lollipop crossings, help in day care with kids or even school tuck shops.

Win,Win,Win

Happy pensioners
engaged and fit
Community ties and bonds
And all can be achieved with little government interference
Indeed, i'd call for a small government bonus for pensioners doing 10 hours work a fortnight in these great community building programs.

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imcrookonit Ex Member	Re: Will Some People Be Kicked Off The Aged Pension. Reply #12 - Apr 1^st, 2014 at 8:56am I would like to see pensioners left alone. So they could enjoy their retirement.
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aquascoot

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Re: Will Some People Be Kicked Off The Aged Pension.
Reply #13 - Apr 1^st, 2014 at 9:49am

Quote:

I would like to see pensioners left alone. So they could enjoy their retirement. Sad

turn that frown upside down crook.
being "left alone" leads to social isolation, depression and suicide (the highest rates in the country for retired males).
community engagement is the answer
it isn't punishment
its therapy Wink

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imcrookonit Ex Member	Re: Will Some People Be Kicked Off The Aged Pension. Reply #14 - Apr 1^st, 2014 at 10:05am I don't want when I am a pensioner, someone telling me Iv got to join a grey army.
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