Federal Treasurer Joe Hockey speaking at the National Press Club in Canberra, Tuesday, Dec. 17, 2013. Mr Hockey spoke on the Mid Year Economic and Fiscal Outlook. (AAP Image/Alan Porritt) NO ARCHIVING
Federal Treasurer Joe Hockey speaking at the National Press Club in Canberra, Tuesday, Dec. 17, 2013. Mr Hockey spoke on the Mid Year Economic and Fiscal Outlook. (AAP Image/Alan Porritt) NO ARCHIVING ALAN PORRITT

Joe Hockey: Pension age may have to rise

STOP worrying about the pension age, a national seniors group reckons Australia's ageing population wants work, not welfare.

Treasurer Joe Hockey this week told an American conference that the Australian pension age - which will creep from 65 to 67 by 2023 - may have to rise further.

He was quoting research and findings from the International Monetary Fund which had considered how to deal with Australia's increasingly ageing population.

National Seniors Australia chief Michael O'Neill said many were given no chance to work once they reached their 50s, let alone their 60s.

He said until that hurdle was cleared, shifting the pension age did nothing but shift people from one form of welfare to another.

"The biggest impediment to people over 50 getting a job is age discrimination," he said.

"The challenge for government is to turn that around."



UPDATE: Asbestos forces compound closure

UPDATE: Asbestos forces compound closure

Asbestos discovered at bin compound

Generosity flows from local clubs in Warwick drought appeal

Generosity flows from local clubs in Warwick drought appeal

Local clubs raise thousands to help drought-affected friends.

Broken leg inspires mum to start own creative business

premium_icon Broken leg inspires mum to start own creative business

Falling off a ramp left her bed bound and wondering how to stay busy

Local Partners