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TOUGH SELL: The government may have botched the sales job, but Joe Hockey’s budget could herald a new era for the federation.

Hockey heads down right track

Upon receipt of my electronic edition of Treasurer Joe Hockey’s budget speech I promptly did a search on my laptop for four words – each starting with the letter ‘d’.

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Geraldton WA
When the retiring age goes up to seventy, the unemployment rate will go up commensurately. Either due to young people being more excluded due to competent people already in place, or due to older people's figures going up. Some of these older people will not be able to continue with their normal job (like bricklaying) due to it just being too much, and some (I suspect a large proportion) will have to go onto a disability pension. What savings now, as we increase Newstart allowance cost and the cost of disability pensions.

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