start=”1″> They do both have kids. I don’t know what "family money" means or what wasting it means; using your life savings in retirement is generally the idea. A couple liquidating a $1m+ asset to live off (plus other existing savings) will certainly be in a better boat than a bog standard pensioner with nothing.

I agree they are entitled to keep both homes. They are not, by definition, entitled to do so and collect the pension.

I don’t know the rules on gifting – I presume Centrelink has thought of that one. Perhaps I can leave […]

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start=”1″> Wow….so when we see people drinking in the pub spending 100/night – its on the family…I wonder where the assumption that money goes towards families comes from. Also, smoking alone is a significant expense I do not smoke, some other people do…My first house – I bought at the age of 21. Did not even have a car at the time…some guys form my ”batch” were buying expensive cars instead. Let me make it clear, I have NO problem with people spending their hard-earned money as they please… just do not understand why at some point they should […]

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start=”1″> I don’t think anyone would argue with you. But it’s not as simple as that, since the unemployed may not be qualified for the jobs created.
You did see Ian’s statistics about 40% of the unemployed being over 45? Can a person support a family for ten years by delivering newsletters?

I do excessively ameliorate misery in others too much so denying myself but is all to Third World countries where they virtually have no hope and never stop trying. If one is content in life and themselves they don’t really need much money. In Byron I […]

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