Original article by Joanna Mather
The Australian Financial Review – Page: 6 : 6-Sep-18
Prime Minister Scott Morrison has announced the federal government will scrap plans to incrementally lift the age at which people qualify for the old age pension to 70 by 2035. His decision was applauded by Ian Yates, the CEO of seniors advocacy group COTA, who said the government should focus on lifting workplace participation rates for people over 55. However, Grattan Institute fellow Brendan Coates claimed the government’s decision would increase the tax burden on a declining working-age population, while Chris Richardson from Deloitte Access Economics described the decision as being "good politics but poor policy".
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AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, COTA AUSTRALIA LIMITED, GRATTAN INSTITUTE, DELOITTE ACCESS ECONOMICS PTY LTD