Chris Bowen (McMahon, Australian Labor Party, Shadow Treasurer) Share this | Hansard source

The Treasurer didn't say it was rubbish last night when he was asked about the plan to make Australians work until they're 70—which has been in the budget papers since 2014 and is still in the budget. The Treasurer was asked last night about the plan to make Australians work until they're 70, and he said—wait for it—'But that doesn't happen for 35 years. That plan doesn't get implemented for the next 35 years.' But it starts in 2025. That's not 35 years away. The Treasurer doesn't know the impact of his own policies. He thinks they're not going to make this policy work for 35 years when, in fact, it is working in 2025 and will be fully implemented a few years after that. The pension age is going up on your watch, and not in 35 years time. It starts going up in 2025. That is not 35 years away. I tell you what, Mr Deputy Speaker: there are a lot of inconsistencies, a lot that is illogical, and a lot of unfairness in this budget. That's been the hallmark of all the budgets since 2014; since that famous Joe Hockey budget in 2014—

An opposition member: That's the one!

That's the one! And it's still alive in 2018. It lives, it lives, Mr Deputy Speaker! And just as we defeated that budget, we will defeat you at the next election. (Time expired)

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