Slack Investor likes the quiet life, and doesn’t usually go looking for trouble, but a recent birthday put me at 67 – this is the age threshold for the Australian Aged Pension. Other than feeling old, this is not too much of a concern as I am a happy self-funded retiree. However,...
That is a position that no government will allow to remain for too long. Not when there is a $300 billion public sector debt to be paid off. And a $100 billion public sector pension liability to be financed. Not to mention all the increases in welfare payments that will arise in the ...