Millennials and Gen Z only know their country as harsh and self-interested. We must extend the ‘golden years’ of decent work and secure housing to them
hat life has become extremely hard for young people in Australia is clear. Born during or after the 1980s, when governments began radically restructuring the economy to prioritise private gains over public good, millennials and Gen Z have only known their country as harsh and self-interested.
But comfortable living standards for young people and future generations does not come at the expense of that of older Australians. This claim relies on the flawed notion that there is only a certain amount of resources to go around. It relies on us believing the size of the pie is fixed, but it’s not.The federal government’s recent proposed changes to super concessions for a tiny pool of multimillionaires shows how easily ruffled the gold feathers of the wealthy can be.
Australia’s tax concessions are empire building, and poles apart from the egalitarian social compact to support working people in old age. If the old rich wereto accumulate funds over $3m, how were they planning to spend their bounties in the last 20 years of life, anyway? Yacht parties? An economic model putting private gains before public good needs cheerleaders, and the recent super debate exposes the minority of Australians who were bought off with taxpayer dollars. They’ll keep making noise. Meanwhile, the big businesses reaping record profits under the status quo need people to believe ghoulish views like those of Merivale’s formerBut most older people seek to forge mutual social bonds across generations.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Labor’s franking credits crackdown to harm 'older Australians': CoalitionLabor’s crackdown on franking credits is a broken promise that will harm “older Australians” and deter companies from raising capital when we need a “dynamic economy,” the Coalition has argued.
Read more »
Canberra’s ‘modest change’ sees $600 million stripped from Australians’ pocketsQueensland Nationals Senator Matt Canavan says the $600 million increase in government revenue described by public servants in Canberra as a “modest change” is actually a significant amount of money being stripped out of the pockets of Australians. 'If it looks like a duck, walks like a duck, and sounds like a duck, it's probably a duck,' he told Sky News host Sharri Markson. 'This is definitely quack quacking, this policy, as we learn more about it.'
Read more »
Labor making Australians ‘poor’ through bad renewable investmentsNationals MP Barnaby Joyce says the government has made their “own people poor” by continuing to fund renewables that drive up electricity prices. Mr Joyce said Snowy Hydro 2.0 will now end up costing “$20 billion” after he was told it would cost just $2- 4 billion. “There’s only person who’s going to pay for that, and that is…you,” he told Sky News host Andrew Bolt. “$20 thousand million could have refurbished every coal fired power station in Australia to high intensity low emission…coal-fired power stations, belting massive supplies of power onto our grid – forcing down the price of power.”
Read more »
Australians ‘didn’t even blink’ at the idea of nuclear subs: Barnaby JoyceThe Australian people did an “incredible job” to “get onboard” with nuclear submarines for the country as they “didn’t even blink” at the idea, says Nationals MP Barnaby Joyce. His comments come as Australia is set to buy five US Virginia-class nuclear submarines under the AUKUS deal promoted by its “grand architect” former prime minister Scott Morrison. “If we want to protect this nation we have to really take a reality pill,” Mr Joyce told Sky News host Andrew Bolt. “This nuclear submarine process is part of that reality pill – but there are lots of other things we need to do to make ourselves as strong as possible, as quickly as possible.
Read more »
Australians can now travel to Brazil without a visa, but that could be about to changeThe visa requirements were removed in June 2019 to encourage more Australians to visit Brazil.
Read more »
New national four-day work week trial a step closer for thousands more AustraliansAustralia could be getting a national trial of the four-day work week to see how it improves the lives of those juggling work and caring responsibilities. 7NEWS
Read more »