Greens back Government’s pension reforms

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By Leith van Onselen

I am fast warming to the Australian Greens under new leader, Senator Richard Di Natale.

After recently adopting as policy the quarantining of negative gearing, so that rental losses on both houses and shares could no longer be claimed against unrelated wage/salary earnings, the Greens have backed the Abbott Government’s sensible reforms of the Aged Pension, thus reversing the Howard Government’s infamous blunder.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.