@BernardKeane @fedupofpollys I'm working hard to pay off my house but have no control over escalation of market in area affecting pension.
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@BernardKeane Increasingly courageous to pitch policies that unfairly favor a dwindling and dying voter vase. -
@NewtonMark@BernardKeane But BBs still large part of electorate. And many are already retired and so unable to alter arrangements. -
@ozkatz@BernardKeane Why would they need to alter their arrangements if they've spent whole lives enriching themselves for retirement? -
@NewtonMark@BernardKeane Some have. Many haven't. -
@ozkatz@BernardKeane Their whole generation has had everything tilted towards them for their entire lives. -
@NewtonMark@BernardKeane They did the tilting. From 60s onwards they seized the political agenda. But again not all prospered. -
@ozkatz@BernardKeane "Not all prospered" is completely normal. Nobody else gets policy protection by making that argument. -
@NewtonMark@BernardKeane True. But BBs know how to punish unfriendly politicians. It's a valuable talent. Other generations should try it. - 16 more replies
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@BernardKeane Looking forward to Gen X and Y running the country! Things will change then. -
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@BernardKeane@ningbojoe The myth of them level playing field. The idea of a fair go. The dream of owning an unaffordable home.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@BernardKeane great news and there a lot of us. Governments beware.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@BernardKeane@kcarruthers Woops.............did I say yay! Outloud? errmmm, meant to say........ahmm....Thanks. Twitter will use this to make your timeline better. UndoUndo
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@BernardKeane: Gens X & Y to be targeted in possible pension crackdown - but baby boomers will be let off http://bit.ly/1L5LflM ” Yay!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@BernardKeane If they own their own home (at 3x ave earnings) they have a significant asset (value 8-10x ave earnings) to fund retirementThanks. Twitter will use this to make your timeline better. UndoUndo
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@BernardKeane it has already happened, we were sold the lie of superannuation and my retirement age has risen 10 years since I started workThanks. Twitter will use this to make your timeline better. UndoUndo
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@BernardKeane Easy as sin. Call it LIVING-HELP top up their income with a govt sponsored reverse mortgage equivalent to HECS rates -
@aushousingcrash@BernardKeane Buying a home is supposedly forced savings for retirement
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@BernardKeane Perhaps time to consider Estate/ Death duties either at State or Federal level. Abolished in OZ in 80's & 90's.Thanks. Twitter will use this to make your timeline better. UndoUndo
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