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Australian Immigrants Retiring to Home Countries

There was a joke going around in Adelaide in the 1960s when I lived there - all these Wogs will probably go home and live off of the Australian pension. Wog was a common term then. It referred to southern Mediterraneans, Greeks and Italians for example. English people were called Poms when immigrants were flooding in. How a joke can become truth. People who have moved to Australia and indeed spent most of their lives here are going back to their home countries because of favorable exchange rates. Not so much the English. They seem to be staying here. Between 2007 and 2012 the number of Australians living overseas and drawing the Aussie pension increased by 30 per cent. In the same period the overall number of Australian pensioners went up only 17 per cent. Recent changes in the budget will not affect those currently on the pension. Most will not be here when the pension age goes up to 70 years in 2035. Most expatriates by far return to Italy and Greece in thei...

The Elderly Deserve a Pension

It is a pipe dream to raise the pension eligibility age and expect the elderly to go back to work. With thousands of young able bodied young people unemployed what kind of work are older people going to do? Employers will not have older workers unless there is some sort of financial benefit. It makes no sense to give this with all the youngsters looking for work. Furthermore, making the unemployed wait six months to get any money at all is absolutely irrational. How are they going to get food to eat? The crime rate will rapidly increase. We will be back to the days of being imprisoned for stealing an apple. Many of the young would like to see the accumulated assets of the elderly confiscated and given to them in benefits. Little goodwill is left in society. The old, worked 12 hour days, seven days a week in hard physical labor to gain their assets. The young today will only lift things under a certain weight. They use lifting machines to move heavy things around. ...

UK Is Dishonest Not Paying Pensions

The battle goes on between Australia and the UK about the shortchanging of British people who were born, lived and worked in their homeland before emigrating. They paid their taxes and crucially paid there "stamp" every working week toward the state pension. However, the UK does not align payments with inflation for ex-pats living in "wealthy" countries, only those retiring in developing nations. UK governments, indeed previous governments of all political shades, have "stole" from these elderly people. Today the British pension paid to those who emigrated permanently to Australia is worth a pittance. There is no way they could live on it. Australia has to make up the shortfall even if ex-Brits have lived in Australia for only a few years before retiring. This is disgraceful behavior from a supposedly civilized country. It certainly fails the Australian norm of a fair go. On average the rate of pension paid to those living in the UK is more...

No Sympathy for the Unemployed

Even though Australia is booming with the economic downturn hurting elsewhere, the unemployed are being targeted by the government. Several years ago pensioners were given a significant rise in payments. The unemployment rate remained the same. The "dole" is indexed to inflation, but it remains very low. Youth Allowance is paid to young people to the age of 20, full-time student under 24, and also apprentices to this age. Those living at home receive A$110.15 a week (2010). Independent recipients get A$167.35. Living away from home, sharing the rent of a house could easily cost more than A$100.00 a week. Attending university would be just as expensive, so the burden falls on parents. Newstart which is the actual "dole" paid to eligible unemployed workers over 18 years is A$228.00 a week. There are severe restrictions on getting the full amount. Recipients must sign an Unemployment Pathway Plan (Activity Agreement) where they are monitored and told to do cer...