Now, let us start from the beginning
Today the Australian pensioners are alarmed, because their pensions can be cut, and some of them may even lose the government pension. So, let us talk about the man that brought in this disaster, that the Australian pensioners didn’t deserve. Anyhow, this disastrous budget was delivered from the then treasurer Joe Hockey, the 13th of May 2014, today we are still finding how terrible this budget was. Because the 1st of January 2017, some Australian pensioners have lost some pension payments. But first let us see how the expert have described this budget at that time. So, here I quote:
The grim budget faced
widespread criticism and was overwhelmingly rejected by the Australian public
as reflected in all opinion polls after its release. Opposition to
"unfair" budget measures came from the opposition and crossbench,
pensioners, economists, the union movement, students and welfare, community and
disability groups with some taking to the streets in protest. The budget
included changes which were contrary to pre-election commitments and promises
made by the Liberals in opposition. Critics argue that every one of the
following pre-election commitments made by Tony Abbott were broken in the first
budget: "No cuts to education, no cuts to health, no change to pensions,
no change to the GST and no cuts to the ABC or SBS." Echos of the
"dead and buried" Fightback! policy package
from the 1993 election occurred with
proposals to defer unemployment
benefits for six months for under 30s and the removal of GP bulk billing. Most proposals
have since been shelved, dumped or modified.
End of quote.
Anyhow, Joe Hockey,
has moved out of the Australian politics, but the politician have given him a
good job, with a very good pay. Meanwhile the Australian pensioners are hurt
from those changes to the assets test that he proposed. Here we want to ask, if
he wanted to save money to the government by cutting the pension, why he didn’t
propose to cut his own pay and the other politician pay, at least the same
amount that the pensioner will lose, just to be fair for everybody, since they
receive a ridiculous high pay for their services. We think that to cut the
politician pay is only fair, since we are all in the same boat of Australia.
Now, let us talk about the Australian pensioners, because they are alarmed and
worried.
(But before we do
that, please note that these articles now have been regrouped, so they may not
follow each other closely.)
-------------------------------------
Pensioner are alarmed
Yes, dear readers,
today the Australian pensioners are alarmed, they are alarmed because they feel
that the Australian government is ripping them off. They feel ripped off
because the changes that are taking place from the first of January 2017 are
unfair to them. We believe that they are right to feel alarmed, worried and
upset, because some of them will be forced to live with less than the minimum
government pension.
Therefore, we will
talk about the Australian pensions, since most of us must be interested about.
I admit that I am not an expert in politics and government matters, however,
when we use our common sense and things don’t work out, we want to have our
say. So, let us talk about the Australian politics and what affects us directly.
So, the Australian Pensions are changing, from the first of January 2017. This
change is hurting people that rely on the Australian government pension.
Here we are talking
about retirees, that have not got enough of their own funds to retire and live
a modest decent life, so, they rely on the Australian government pension, for a
full pension or part pension. Most of the people that will be affected from
this change, are the part pension retirees; some of them will receive less
pension, and some of them will lose the government pension altogether, because
of the changed in the assets-test.
Now, what hurts
most these pensioners that are losing pension money, is that the people that
have got no assets, because they have never worked hard and tried to save
money, they will still receive the full pension from the government, but those
that have worked hard, payed their tax and saved their money for rainy days,
hoping to have just a bit extra cash when they retied will have the pension
reduced and in some cases completely cut off. We believe that this is not
right, because it is the people that have worked hard and saved their money,
are the people that have paid most taxes in the past.
Anyhow, here are
some figures that have been published on the net.
About 330,000 Australians
will find their pension cut from the 1st of January- 90,000 will be
losing it entirely, because of the tighter assets test. I believe that it is
not fair, because it is already hard for pensioners to live a modest life
peacefully.
So, if the federal
government loses next election, because of what they have done, they deserve to
lose. Anyhow, let us look at some possible outcome, and how people can react to
these pensions cut. Here we are going to write about some imaginary case, about
what some people can do, because they feel that they are being discriminated
and punished for being good honest citizen.
Anyhow, here we are
going to talk about a case or two, as an example. You see, before this pension
was cut, this couple had accepted that the government would give them only a
part pension, so, they tried to live with that, but now that pension is being
cut, they don’t know what to do, because it is going to be hard for them to
live a decent modest life.
------------------------------------
Other pensioners’ concerns
Here we cannot use
real names, so, the name that appear are not their real names.
Mr. John Day and
Mrs. Ann Day are two pensioners, they have received a part pension for years,
as they are both over 70 years old, so, they are aged pensioners.
Anyhow, let us
describe how this change will affect Mr. and Mrs. Day.
Mr. and Mrs. Day
own two houses, they both live in the same house, even though they are not on
the best terms with each other, and it is said that they will end up divorced
soon. Anyhow, they are still living under the same roof as husband and wife,
so, they receive their pension as a couple, which is less than if they had the
pension paid as single people, so, they start thinking if they are doing the
right thing, or they should do other things to improve their financial
position. So, let us compare what is happening to their pension.
As we have said,
Mr. and Mrs. Day have two houses, one they live in and another one they rent,
so, the house they rent is calculated as an asset, the value of the house is
set at 520,000 dollars, add to that a few more things they have, they have
550,000 dollars’ assets, so, their pension is calculated on these assets, as it
was before they told me that they were getting from the government about 450
per fortnight each, from the 1st of January, they are going to get
about 350 dollars per fortnight each. This is not enough to live with even if
you try hard to save money.
The house they
rent, today it is rented at 400 dollars per week, because they could not rent
it any higher, now, that is not net money, because they must pay all the fixed
expenses, like the rates, the water and other urban utilities, the insurance,
the maintenance. But that is not all, because sometimes the house is vacant for
several weeks until a new tenant is found. So, there are times when in a year,
they can average from the house rent, about 200 dollars per week.
Here one needs to
ask, where and how the government people work out this new law, about the
assets and how much you earn. I believe that it should be worked on a real
possibility that you can earn at least as much money as the full pension,
before they cut the pension.
Anyhow, at this
point of time I believe that this article is becoming too long, so, the facts
and figure about this example will be discussed in our next article, assets and
pension cuts.
See you soon.
------------------------------------
This is, Menfranco general blog
This blog, Australian pensioners are alarmed
IS TO BE CONTINUED;
Next time with; Australian pensioner are alarmed
------------------------------------
Other links from same author
http://menfranconewworldorder.yolasite.com
https://sites.google.com/site/menfrancoreconciliation/
https://sites.google.com/site/prayersofreconciliation/
https://sites.google.com/site/godintheuniverse/
See you soon in our blog, assets and pensions cut.
See you soon.
-----------------------------------------
No comments:
Post a Comment