Via The Australian comes Saul Eslake:
“Some of them I think will be at least partly compensated by an increase in their part pension, but the Labor Party could if they wanted to, and I’m not an adviser to them, this is for them to work out, but they could for example say that anyone whose total income is genuinely say below $30,000 is adversely affected by this, a Labor government could sling them, say, $1000 or $2000 a year to compensate for that, on average,” Mr Eslake told Sky News.
“They’d have to prove their circumstances, but that’s not unreasonable.
“The cost of doing that would be somewhere between $240 million and $460m a year, and that’s chump change out of the revenue gain that the Parliamentary Budget Office is telling the Labor Party this proposed change would make.”
Yep.
