Australia’s Tony Abbot Government is on an Austerity Move and has brought an Austerity Budget. Its budget deficit has reached a deficit of $ 68 billion. It now is putting the entire burden on the workers and pensioners. The present budget will result in:
1. Pension Age increasing to 70 with 30% of people dying before 70
2. Slashing $80 Billion from the states Health and Education
3. Changing indexation for calculating the pension which will produce lower increases which could see some pensioners living below the poverty line.
4. Introducing a $7 co-payment to see the GP which is the thin edge of the wedge to bring in a user pay system similar to the US ” if you haven’t got the money too bad”.
The Australian workers have decided to fight and defeat this anti-worker, anti-pensioner budget.