Relax everyone. Albo has clarified the Govt's thinking for us:
“What we’re talking about here is there’s nothing that impacts the sustainability of the system from punters out there who have got 150,000 in their accounts,”
As long as you're not a punter with more than that, you've got nothing to worry about.
I'm not sure but I don't think he was referring to gamblers. I think it's their term for little people. Or a way of dumbing things down to explain to those simple voters that it'll all be ok.
I don't think they realise how incredibly insulting and demeaning it is to talk down to the millions of aspirational and ambitious Australians who've been working hard to get a bit more in their life savings than $150k because they never want to be on a pension.
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