Election pork hurled at seniors

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The AFR’s John Kehoe has attacked the election pork being thrown at seniors, questioning why the wealthiest generation in Australia’s history is receiving even more taxpayer support:

The election is exacerbating the intergenerational inequities and the fiscal burden being placed on workers.

The Morrison government – matched by Labor – will grant an extra 50,000 seniors, including self-funded retirees, access to $6.80 prescription medicines and other discounts via the Commonwealth Seniors Health Card.

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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.