Not fair: welfare for the rich, page-4

" Adelaide-based financial planner Bill Antoniou said he didn’t think the system was fair. “If someone has money in the bank, predominantly, or money in superannuation, and they have around $1.1m, well then they can qualify for a part-pension. But if you have a $1.1m house, you can get a full pension. So is that fair?
“It is probably not fair. I could quite easily advise someone to go buy a place on the esplanade for $1m with your money in your bank account and you’ll qualify for the full pension. It all can depend how you work the system.”

http://www.theaustralian.com.au/nat...are-for-the-rich/story-fn59nsif-1227222009855

Says it all really.

Raider