Haven't the retired and specifically the self funding retirees taken enough financial broadsides?
The baby-boomer aging problem is almost as big a problem to future Australian governments as the current crisis.
Less people in the workforce (less taxes) and many, many more people on pensions and the health system.
Put another way...less money in the front door and massively more money out the back door!
If our health system is as bad as it is now...and they don't fund massive capital infrastucture NOW...we will have a third world health/hospital system.
Surely it makes sense to create quasi "hospital/medical retreats" like retirement villages where home care can be administered in bulk.
And history has shown the way here...if you have a special "group" who are troublesome or worrying to the general community (and please I am not having a shot at the baby-boomers or retirees becasue I'm one myself)then quarantine them...look at the leper colonies, penal colonies and any number of self-interest colonies.
No, the retirement village industry has a brilliant future and surely governments when they do their sums will see this as a must. Why tax it.
LLP Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
