When I was 12yo my grandmother left me a small amount of money and my father made me put it into a bank account until I was 17. Which I did. I opened a dedictaed savings account which earned interest so it didnt deflate in value and when I turned 17 I bought a car with the money. It was about $1200 as I recall and in 1969 you could buy a reasonable car for that money. But now the Labor government would consider that money to be their money if I made the mistake of leaving it in the bank. By what right do they consider my money to be their money? There must be thousands of young people today who are in exactly this same situation.
