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intergenerational equity

Kelvin Thomson: Intergenerational equity - How we are failing future generations - Speech to Protectors of Public Lands Vic

Video and text inside: Recently the Federal Government released another Intergenerational Report. It would be easy to dismiss it as a political stunt. After all the well-known scientist they got to spruik it, Dr Karl Kruszelnicki, has now done just that, correctly lambasting it for its failure to talk about climate change. Any discussion about the future which leaves out climate change is farcical.

And these Reports, first commissioned by Peter Costello, are absolutely a Trojan Horse for the right wing agenda of winding back the social contract, dismantling the benefits achieved in Australia with a lot of blood, sweat and tears over many years, in health, education, and retirement incomes, which make Australia one of the best countries in the world to live in. They run a scare campaign about population ageing designed to convince us that our health, education and retirement incomes systems are not sustainable. Speech by the Hon. Kelvin Thomson, Federal Member for Wills, to the Protectors of Public Lands Annual General Meeting Saturday 18 April 2015

Baby Boomer to Gen Y on home ownership

(Article by Sally Pepper)

Hello, I’ve heard that some of you are resentful and angry with our generation because we were able to buy houses and pay them off with one salary in a short time. Well I’m not sure that many of us were able to do it all that quickly but we were able to service a mortgage even at high interest rates on one salary. This meant that you, Gen Y had one parent who could, if they chose not to work full time outside the home, devote quite a lot of time to you in your early years when you needed it. Furthermore, the main bread winner and mortgage-servicing parent, usually the father, did not work the long hours expected now, which meant that actually both parents were able to spend a respectable amount of time with you, Gen Y, at that critical time called childhood.
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