'Economic time bomb': Frydenberg tells over 65s to stay in work longer | Sky News Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 78%

Australia Headlines News

Australia Latest News,Australia Headlines

Treasurer Josh Frydenberg is set to use a major speech to warn about Australia's 'economic time bomb,” referring to the nation’s ageing population.

Treasurer Josh Frydenberg is set to use a major speech to warn about Australia's "economic time bomb,” referring to the nation’s ageing population.

Mr Frydenberg will address the Committee for Economic Development of Australia on Tuesday, calling for older Australians to stay in work for longer in a bid to improve the nation's economy. Image: Getty

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

GayeCrispin The only economic time bomb here is this LNP govt...and it will go off as soon as our share market comes off..

JoshFrydenberg perhaps stop importing the third world we have to hand over our hard earned tax dollars to support.

Well Well Well fancy that. They have BLEED the Poor & the Unemployed dry So now go the AgedAustralians make them WORK till they DIE no need for a pension then hey JOSHY . auspol theprojecttv theboltreport PMLive 9news 7News 10News NewsDay 9news 7News 10News

Liberals and nationals once again attacking senior citizens and their meager incomes to prop up a budget surplus shortfall. What a disgraceful mean government that resorts to stealing every dollar from senior citizens who have worked and paid taxes for 40 years. abcnews 3AW693

Australians over 50 prepare to take to the streets & protest to every Liberal & National politician. It's outrageous Morrison & Frydenberg ONCE AGAIN attack senior citizens who did all the hard work over 40+ years. All while politicans snouts firmly in the tax payers trough. NO!

Funny that white western nations , have ageing populations, nothing to do with marxist agenda of women in employment , having kids later or not at all , then flood the country with refugees ?

JoshFrydenberg ScottMorrisonMP this from the morons that ignored all the warning signs of a stalled economy for years. Despite RBA & business groups warning the economy was stalling LNP did nothing. Now a recession looms and this treasurer is trying to cover up their mistakes.

Oh so what has happened Josh, did you just discover that the government has spent all the money required to look after ageing Australians, the money they paid in taxes for their security in old age. This while we prop up refugees

He must have Consultants to give him that idea & probably cost the taxpayer millions. That's why boomers need to work over 65.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Government wants older Australians to upskill to stay in the workforce for longerTreasurer Josh Frydenberg signals a push to keep older people in work longer, saying they may need to learn new skills in order to stay in the jobs market. OkayAusterity Older Australians want the Government to get its act together and provide older Australians with a fair go. Those clowns are responsible for the Aged Care system they set up which ended up mistreating older Australians. why? There's no jobs for them anyway. There's far more unemployed than there are positions available already.
Source: abcnews - 🏆 5. / 83 Read more »

Treasurer wants over-65s to work longerThe retirement dream is even further out of reach with the Treasurer today announcing he wants higher employment rates for over-65s. And next our government will demonise the elderly for not working. To think of all the people who voted for these lying charlatans so they could receive their franking credits 🤣 We have a serious education deficit in our population. He's got NFI
Source: newscomauHQ - 🏆 9. / 77 Read more »

Australia's economic relationship with China remains 'very healthy' | Sky News AustraliaEnergy Minister Angus Taylor says Australia's economic relationship with China remains “very, very healthy”. \n\nA key human rights partnership between Australia and China was quietly suspended this week – signalling a major step backwards in international relations.\n\n“You’ve got people all across Australia who are selling products to China everyday… we have a very, very strong and positive economic relationship,” he told Sky News Monday. \n\n“With all countries with whom we have a strong relationship, there are times when we disagree on things and that is clearly true with China as it is with so many other countries in the world and we should expect that and work through it.” \n\nImage: News Corp Australia AngusTaylorMP Very healthy for $ kickbacks for lnp politicians and supporters. Fuck all to the real Australians AngusTaylorMP B u l l s h I t AngusTaylorMP China wouldn't know what human rights were if it slapped them in the concentration camps.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Albo warns legislators not to be ‘fetishist’ about economic issues | Sky News AustraliaLabor leader Anthony Albanese says he considers himself loyal to the “economic mainstream” which seeks “strong fiscal policy” without being a “fetishist” on issues.\n\nMr Albanese made the comments after being asked by Sky News host Laura Jayes whether he considered himself an “economic conservative”.\n\n“I would describe myself as someone who regards the economic mainstream,” he said.\n\n“I think that you need strong fiscal policy and you need strong discipline but you also need to not be a fetishist about issues.”\n\nMs Jayes asked the Opposition Leader whether former ALP leader Bill Shorten was “happy” in his role as a shadow minister.\n\n“I think everyone's fully aware of what the circumstances are, which are unfortunate,” Mr Albanese said.\n\n“We all worked for a Shorten-Labor Government.\n\n“We worked very hard – we worked for six years. We didn’t get there and Bill’s role is as a shadow minister in the team that I lead.”\n ljayes ljayes Love sky news Australia ❤️🇦🇺 ljayes
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Labor: Australians must 'accept' China is an 'economic superpower' | Sky News AustraliaLabor MP Jason Clare has defended former prime minister Paul Keating after he condemned the Australian government for its handling of the rise of China. \n\nMr Keating said the government failed to respond appropriately to the “rise, legitimacy and importance” of China. \n\n“I think what Paul’s saying is we’ve just got to get real, we need a bit of sober realism here because China is the biggest kid on the block,” Mr Clare said. \n\n“When Paul became treasurer, the Chinese economy was about the same size as Australia’s, it’s now I think 10 times the Australian economy – it’s an economic superpower and we need to work with China. \n\nMr Clare said Australia must “understand that we’re not going to agree on everything” but “China’s going to be an economic superpower in this region for the next century and what Paul’s saying is we’ve got to accept that and work with China”. \n\nImage: News Corp Australia Labor would say that, all the labor men wear Red ties in Parliament and many females in Labor wear Red jackets or is it Paranoia I have The rise of a new superpower is a rare event in a lifetime. Lets hope our generation deals with the rise of China better than previous generations dealt with the rise of the USSR! This shows that if the Labor Party was in government they would be jumping over backwards to please China 😡
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Air pollution reaches 15 times the hazardous level in Sydney | Sky News AustraliaAir pollution in Sydney has reached 15 times the hazardous level after strong winds dragged smoke from a nearby fire at Gospers Mountain into the Sydney basin. \n\nNew South Wales RFS deputy Commissioner Rob Rogers told Sky News on Tuesday the Gospers Mountain fire was becoming “more active'. \n\n“The smoke should start pushing out of Sydney fairly soon, unfortunately it’ll head to the north so those communities will get more of that smoke in toward the Central Coast, Newcastle area,' he said. \n\nThe RFS said fire danger ratings would be in place on Tuesday for the Greater Sydney, Greater Hunter, Illawarra, Central Ranges and Southern Ranges regions, up from Monday’s 'very high' classification.\n\nA total fire ban remains in place for north-west NSW. \n\nImage: News Corp Australia And where are we building another Airport? The bulk of the smoke isn't from the main fire, it's from the associated back burning, which has now doubled, almost tripled the size of the fire. Glad I had the day off from flying today 🚁
Source: SkyNewsAust - 🏆 7. / 78 Read more »