Everyone who reads the aph.gov. au website would be aware that...

  1. 4,383 Posts.
    Everyone who reads the aph.gov. au website would be aware that wages have increased much faster than prices over the last three decades.

    Benchmarking the pension to Male Total Average Weekly Earnings is totally unsustainable.

    By all means advocate the European model of borrowing to pay unfunded Social Security payments, but that has one very unsavory result in the end ( see Greece).

    Pensions linked to the CPI means that pensioners will never be worse off than they are now.......and it's sustainable.
 
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