Australian budget

Budget 2018 a new front in War on Youth

David Llewellyn-Smith
Tuesday, 8 May 2018
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Via The Australian:

A multi-billion-dollar aged-care and retirees package — including 20,000 new home-care places to allow older Australians to live in their homes for longer — will be the centrepiece of a government values statement in tonight’s budget.

Scott Morrison will capitalise on $41 billion in legislated budget ­repair measures to deliver for older Australians, targeting baby boomers by providing incentives for retirees to start new businesses and help them to stay at home longer with better care.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.