Raising the retirement age – a good move, an inevitable move
In November, the Productivity Commission released a report recommending indexing Australia’s retirement age with quality of life, eg. if Australians are living longer, they should work longer and have a retirement age to match.Rupert Hiskens, a student of economics & finance, joined Dark Horse to help break this down for us. Raising the retirement age is not so much a policy, but a inevitabilityas Australians live longer, but you have to have a heatlh service to match and the political will to implement itWe talk pensions, economics, the Gini coefficient, political suicide, Detroit and a city of retirees the size of Sydney.
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