Thanks to Mark O’Connor for this commentary by Ross Gittins.
There’s something quite incongruous about the way our politicians respond to the ageing of the population, a huge gap between what they say and what they do. They keep putting out reports intended to exaggerate the effect of ageing on the budget and the economy, but they keep making changes that advantage the aged at the expense of the working generation.
If you ignore what the politicians say, and read what this week’s intergenerational report actually says, you find that, unlike most developed countries, Australia doesn’t have much of a problem with ageing.
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