As of 1st July 2023 the age pension eligibility in Australia will be raised yet again to 67 years, for people born after 1st January 1957.
Our social system is declining with more and more social services being privatised and becoming unaffordable to low-income families and individuals.
Why are we not on the streets demanding better living condition and a more equal distribution of wealth, while letting big corporations get away with not paying their fair share of taxes and spending billions of dollars on nuclear submarines.
Has Australia gotten too soft?
Edit: what would it take for Aussies to get up and protest for their rights?
Edit2: definition of aged pension
People are living till an older age, it's a bit like tax indexation against inflation
Personally i think the younger generations will have enough of a burden trying to just live rather than support a generation of people who admittedly had it fairly cruisy (from a financial perspective). It's unfair that yes we're penalising them when they get to this age (it'll probably be 70 by then) but additional years on the pension will only hurt the economy in the long run.
If they weren't already behind the eight ball enough younger generations get the privilege to support baby boomers, pay for their pensions and healthcare while they struggle to even buy their first house and then get blamed for being too frivolous with money. How great is intergenerational wealth!