Retirees will pay for the Paid Parental Leave scheme

The Coalition is targeting retirees to pay for a slice of the parental leave scheme in a cunning move that the media and the ALP missed. The older generation is in for a rude shock.

A big chunk of Tony Abbott’s parental leave scheme will be paid for by retirees and those saving to retire.

The slug to retirees has been engineered by the Coalition backroom and joins the Reserve Bank’s lower interest rate drive in the inter-generational attack game, which the older generation is losing.

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