ABC News – Top stories
·general
·2 hours ago
It's a very bad time to be a baby boomer, politically speaking
The Australian government plans significant budget changes focusing on intergenerational equity ahead of Treasurer Jim Chalmers' May 12 budget. Health Minister Mark Butler announced the elimination of a private health insurance subsidy for those over 65, expected to save $3 billion, as resentment builds among younger generations. The government's commitment to these principles coincides with rising housing affordability concerns.
Summary by Glance · ABC News – Top stories
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