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NewsTime to give the over 50's a voice in budget debates on tax, retirement and work
Time to give the over 50's a voice in budget debates on tax, retirement and work

Time to give the over 50's a voice in budget debates on tax, retirement and work

As debate hots up before the Federal Budget, it’s time to gauge the views of those most affected by the hip-pocket issues being discussed – the over-50s.

The 120,000-member FiftyUp Club has today launched its second annual pre-Budget survey, asking the over-50s what they think about:

  • Pensions and superannuation
  • Negative gearing,
  • The GST and
  • Working to age 70

Consumers over 50 can now give their views HERE on big questions such as whether access to the pension should be more strict, the GST should be extended, or negative gearing should be ended.

They’ll also be asked about work experiences ahead of the inquiry into discrimination against older workers, announced this week (see Appendix).

Last year’s FiftyUp Club Budget Survey attracted more than 6,500 responses on pensions, Medicare and other issues and was presented to the federal government. The same will be done this year.

“Big decisions in these areas affect us not just now but well into the future and will impact on how we plan, save and prepare — so it’s vital we have a voice in these debates,” says FiftyUp Club guest commentator Christopher Zinn.

“As a group with age and experience, but not always money and influence, we need to let decision-makers know what we think before it’s too late.”

The FiftyUp Club has over 120,000 members and uses their buying power to negotiate special offers and lobby on their behalf. It’s free to join at FiftyUpClub.com

Click Here to take our 5-Minute Survey

 

 

APPENDIX

Recent Budget Related News

  1. ‘Stop rich from using negative gearing to offset wages, save $1b : ACOSS’, Sydney Morning Herald, 16 April 2015 by Nassim Khadem Read Here
  2. ‘How a 12 per cent GST could deliver a $100,000 earner an income-tax cut of $34 a week’, News.com.au, 1 April 2015 by John Rolfe Read Here
  3. 'Tony Abbott pledges to protect our superannuation: No changes during his term of government and beyond’, The Daily Telegraph, 16 April 2015 by Simon Benson Read Here
  4. ‘Age Discrimination: Federal Government inquiry to examine barriers older workers face in finding jobs’, ABC Online, 15 April 2015 by Nick Dole Read Here
  5. ‘Opinion: Politicians can’t be trusted to make decisions about superannuation’, Courier Mail, 15 April 2015 by Jeff Kennett Read Here
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Time to give the over 50's a voice in budget debates on tax, retirement and work

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Someone
Someone from NSW commented:

no wonder youth cant get a job the govt is making us oldies work to we drop then they don;t have to worry about paying out pensions.Politicians wages and extras should also stop when they retire just like the average person,why should they get endless allowances for taxi,offices ,staff etc. 

Robin
Robin from QLD commented:

If all Australians,including politicians and public servants were on exactly the same superannuation and post retirement benefits, there would be no further negative tampering with the superannuation system. It would then achieve it's true purpose,a self funded retirement,rather than a cash cow for governments and political whip to beat the workers with. 

Someone
Someone from NSW commented:

The nation is in debt and just like a family situation, the issue needs to be fixed. We need to spend less and this means to stop the welfare cheats...those people who don't deserve welfare and who have contributed nothing to Australia's wealth. It also assumes some spending must be reduced and the community needs to see it as being fair. The principles that apply in fairly run families are no different to Australia's budget issues. 

Geoffrey
Geoffrey from NSW commented:

It is getting harder and harder for pensioners to cope with day to day living expenses. It is particularly frustrating and heartbreaking to see so much money wasted on useless things by politicians. Politicians are only there because they are unemployable anywhere else. They are only there to look after themselves, That goes for ALL politicians. If they put Australia first in all things it would be a much better place. If we had the best Medical, Education and Social Security System I wouldn't worry how much money is sent overseas. No matter how sympathetic we may feel about others, Australia cannot solve the problems of the rest of the world. Let us look after the suffering farmers before we think of others. Let us have more water and cheaper electricity. Let Charity begin at HOME first. 

Allan
Allan from NSW commented:

Why are politicians allowed to draw a pension regardless of the age that they leave politics? Apply the same rule to us peasants or apply our condition to them. And then listen to them squeal! 

Karan
Karan from QLD commented:

I think politicians should look at the super being received by themselves first and foremost. When they retire (no matter what age) from politics they start to receive a very handsome package. Also people leaving either voluntarily or redundancy through Government departments also receive super payment from 55 with no questions asked and for the rest of their lives unlike the rest of Australian Workers who only get their super payments until the super runs out. I think all this should be looked at before the normal working class people are scrutinized. I totally agree with Joy Anne from Queensland. Karan Qld 

Patricia
Patricia from WA commented:

We follow the English way, so why are pensioners, who do not have a lot of money, payments penalized if they find work to earn for the extras and comforts of older life, and to keep the brain active, this does not happen in the UK etc, we have all worked, paid our taxes, and the most of us have not 'sponge off the system or took hand outs'. But there are those who spend most of there lives sponging off the tax payer, and the government want to take it away for us!! Get real, cut there huge payments and pay them what they are worth. 

Joy Anne
Joy Anne from QLD commented:

I would like to know WHY the Politian's get so much and continue to rake in huge pensions when retiring from politics??? They should live on the same pensions as we older people and see what its like. The people elect them to work for the country and therefore should not have such huge wages and pensions, They don't have to do the job, its only because of the money not because they want the job. Abbott is crucifying the pensioners. They could save a fortune if they cut the Politian's pensions to the same as normal pensioners. 

Tony
Tony from SA commented:

I want and need to continue working until I drop and have just had my doctor's report that I'm doing very well for my age. I'm in between jobs in the wine industry at the moment and the biggest problem has been age discrimination, so it's pointless applying for advertised positions. Networking is the only way to go. The other problem is that very few potential employers are attracted to the Government's offer of up to $10,000 to employ a mature aged worker for at least 2 years. 

Harry
Harry from NSW commented:

People who have more than $1mil. should not get a pension.. Parents do not owe their children a inheritance. Increase the GST to 12% on everything and compensate those who need compensation. Reduce the inmcome tax and even the company taxrate. If 12% is not enough to do that, increase it to 15% 

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