Last week we blasted former Prime Minister, Paul Keating’s, daft plan to slug Australian workers a 2% to 3% ‘longevity levy’ to fund ‘geriatric’ care for people aged 80-plus whose superannuation savings have run out.
Today, The Australian’s Judith Sloan has attacked Keating’s proposal, claiming he has tacitly admitted that his compulsory superannuation system is failing:
