The Australian government is proposing to raise
the retirement age for everyone born after 1965 to 70 years. This is due to budget problems arising from
the collapse of mining investment in the country. $15 charges for doctors visits are being
considered. (Australia is the only
country in the world where health costs/capita are as high as in the US.) Even worse, MPs’ special cards that entitle
them to free plane travel may be restricted.
Australia is a trend-setter. Expect New Zealand to follow suit.
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