POWERFUL: Older Australians make up a large voting bloc and have a sensitive hip pocket nerve, so politicians underestimate them at their peril.

Seniors savings a pressure point

Treasurer Joe Hockey handed the premiers and chief ministers a nice little hand grenade when he decided to cut back on the subsidy to the states for seniors concession cards in his May budget.For Mr Hockey, it was one more cost he decided the Commonwealth should not have to meet, as he cast around for savings designed to help rein-in the multi-billion dollar budget deficit.


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