paying taxes isn't like a super fund where you are entitled to get it back on retirement. Pensions should be for those who don't have the means to support themselves.
How can anyone seriously argue if they have high net worth that they are entitled to a pension? so what if you paid lots of tax? that was to build roads, hospitals, etc not a retirement fund.
If you are asset rich and cash poor, downsize or use your house as collateral to borrow from the bank. The current generation of retirees, if they have owned a house for a long time, are beneficiaries of the greatest property boom in the history of Australia - but it's unfair if they don't get a pension.
Wow.
Everyone recognises a budget problem but no one wants to pay for it.
