As the ageing population in Australia continues to grow, the government is beginning to look at creative ways to help fund the nation's aged care sector. One idea that has been floating around recently is the introduction of a new levy or tax on younger Australians to help senior Australians.

Aged Care Minister Anika Wells has stated that the government has a 'genuine duty to deliberate' on any option to reverse the difficulties faced by the aged care sector, including exploring the concept of a levy.

While the Minister hasn't confirmed whether the government will introduce this tax, she's acknowledged that it might be necessary to ensure fair and equitable funding for the sector moving forward.

'We need to have an honest, responsible, and mature discussion about what aged care is going to look like in this country,' Anika explained during a recent interview with ABC.

'If I'm setting up a task force that is going to answer the question of how do we sustainably, equitably fund aged care in Australia moving forward, we need to deliberate on the recommendations to aged care funding that were handed by the Royal Commission.'

Young Australians are confronted with the possibility of a new levy aimed at funding the needs of an ageing population. Credit: Pexels/Andrea Piacquadio.

Of course, this potential levy might spark heated conversations around the dinner table as your adult children and grandchildren ponder the prospect of taking on this financial responsibility.

This idea for a levy comes at a time when many young Australians are already feeling the pinch due to existing financial pressures like inflated house prices, hefty HECS fees, and increasing interest rates. It's worth considering whether this additional burden might further strain relationships between the generations.

The proposed levy was one of several recommendations made by the Royal Commission into Aged Care aimed at addressing the current flaws within the system. If it were to come to fruition, it would function similarly to a Medicare-style tax, applied to all taxpayers.

Ms Wells consistently evaded direct answers when asked about the government's potential introduction of a levy or its functioning, stating that such a step would be premature.

Her emphasis lay not on determining the funding amount required but rather on finding ways to enhance outcomes for individuals within the sector, considering the previous administrations' inability to bring about meaningful reforms.

Ms Wells stated that the task force would delve into avenues for empowering Australians with greater choices regarding their entry into aged care and the available care options.

Nonetheless, she deemed it too early to speculate on the funding mechanism for this innovation, evading queries concerning the existing means testing measures. These measures grant Australians owning modest apartments the same subsidy as those who possess multimillion-dollar properties.

​

As the conversation develops, some critics have questioned whether this is the right solution. Veteran political journalist Samantha Maiden thinks that the levy could contribute to so-called 'intergenerational warfare'.

'Why should young people who are facing HECS debts and rising interest rates and inflation pay for a levy for the [seniors] to have lava lamps in their aged care home?' she asked during a recent television appearance.

Samantha argued that older Australians, many of whom are asset-rich (particularly when it comes to property), should be encouraged to utilise these assets to fund their own aged care.

She even went as far as suggesting that taxing young people, many of whom can't yet afford to purchase a home, might be unfair.

Key Takeaways

• Aged Care Minister Anika Wells acknowledges the government's responsibility to address the failing aged care sector and is considering a tax levy to boost funding.
• The Minister is focusing not on the amount of funding required but on ways to improve outcomes for those within the sector.
• A task force is being set up to explore ways to give Australians better choices regarding their aged care options and develop incentives for industry innovation.

Here at the Seniors Discount Club, we recognise the importance of quality aged care while also considering the potential impact on our younger generations. We want to see meaningful and equitable solutions for tackling the current challenges facing the aged care sector, and it's essential to keep an open dialogue on this matter.

We encourage you to discuss these recommendations and ideas with your adult children and grandchildren. What is their perspective on the potential levy? By opening up these conversations, we can ensure that the solution is equitable, sustainable, and fair for everyone involved.

As the discussion continues, we will keep an eye on any updates regarding the idea of a new levy. What do you think of this proposition? Share your thoughts with us in the comments below as well!

 

[Chrissie1761]

As the ageing population in Australia continues to grow, the government is beginning to look at creative ways to help fund the nation's aged care sector. One idea that has been floating around recently is the introduction of a new levy or tax on younger Australians to help senior Australians.

Aged Care Minister Anika Wells has stated that the government has a 'genuine duty to deliberate' on any option to reverse the difficulties faced by the aged care sector, including exploring the concept of a levy.

While the Minister hasn't confirmed whether the government will introduce this tax, she's acknowledged that it might be necessary to ensure fair and equitable funding for the sector moving forward.

'We need to have an honest, responsible, and mature discussion about what aged care is going to look like in this country,' Anika explained during a recent interview with ABC.

'If I'm setting up a task force that is going to answer the question of how do we sustainably, equitably fund aged care in Australia moving forward, we need to deliberate on the recommendations to aged care funding that were handed by the Royal Commission.'

View attachment 22059

Young Australians are confronted with the possibility of a new levy aimed at funding the needs of an ageing population. Credit: Pexels/Andrea Piacquadio.

Of course, this potential levy might spark heated conversations around the dinner table as your adult children and grandchildren ponder the prospect of taking on this financial responsibility.

This idea for a levy comes at a time when many young Australians are already feeling the pinch due to existing financial pressures like inflated house prices, hefty HECS fees, and increasing interest rates. It's worth considering whether this additional burden might further strain relationships between the generations.

The proposed levy was one of several recommendations made by the Royal Commission into Aged Care aimed at addressing the current flaws within the system. If it were to come to fruition, it would function similarly to a Medicare-style tax, applied to all taxpayers.

Ms Wells consistently evaded direct answers when asked about the government's potential introduction of a levy or its functioning, stating that such a step would be premature.

Her emphasis lay not on determining the funding amount required but rather on finding ways to enhance outcomes for individuals within the sector, considering the previous administrations' inability to bring about meaningful reforms.

Ms Wells stated that the task force would delve into avenues for empowering Australians with greater choices regarding their entry into aged care and the available care options.

Nonetheless, she deemed it too early to speculate on the funding mechanism for this innovation, evading queries concerning the existing means testing measures. These measures grant Australians owning modest apartments the same subsidy as those who possess multimillion-dollar properties.

​

As the conversation develops, some critics have questioned whether this is the right solution. Veteran political journalist Samantha Maiden thinks that the levy could contribute to so-called 'intergenerational warfare'.

'Why should young people who are facing HECS debts and rising interest rates and inflation pay for a levy for the [seniors] to have lava lamps in their aged care home?' she asked during a recent television appearance.

Samantha argued that older Australians, many of whom are asset-rich (particularly when it comes to property), should be encouraged to utilise these assets to fund their own aged care.

She even went as far as suggesting that taxing young people, many of whom can't yet afford to purchase a home, might be unfair.

Key Takeaways

• Aged Care Minister Anika Wells acknowledges the government's responsibility to address the failing aged care sector and is considering a tax levy to boost funding.
• The Minister is focusing not on the amount of funding required but on ways to improve outcomes for those within the sector.
• A task force is being set up to explore ways to give Australians better choices regarding their aged care options and develop incentives for industry innovation.

Here at the Seniors Discount Club, we recognise the importance of quality aged care while also considering the potential impact on our younger generations. We want to see meaningful and equitable solutions for tackling the current challenges facing the aged care sector, and it's essential to keep an open dialogue on this matter.

We encourage you to discuss these recommendations and ideas with your adult children and grandchildren. What is their perspective on the potential levy? By opening up these conversations, we can ensure that the solution is equitable, sustainable, and fair for everyone involved.

As the discussion continues, we will keep an eye on any updates regarding the idea of a new levy. What do you think of this proposition? Share your thoughts with us in the comments below as well!

Aged care was always part of your taxes put aside for your pension until some politician scrapped a good idea that worked

 

[GranniCaz]

As the ageing population in Australia continues to grow, the government is beginning to look at creative ways to help fund the nation's aged care sector. One idea that has been floating around recently is the introduction of a new levy or tax on younger Australians to help senior Australians.

Aged Care Minister Anika Wells has stated that the government has a 'genuine duty to deliberate' on any option to reverse the difficulties faced by the aged care sector, including exploring the concept of a levy.

While the Minister hasn't confirmed whether the government will introduce this tax, she's acknowledged that it might be necessary to ensure fair and equitable funding for the sector moving forward.

'We need to have an honest, responsible, and mature discussion about what aged care is going to look like in this country,' Anika explained during a recent interview with ABC.

'If I'm setting up a task force that is going to answer the question of how do we sustainably, equitably fund aged care in Australia moving forward, we need to deliberate on the recommendations to aged care funding that were handed by the Royal Commission.'

View attachment 22059

Young Australians are confronted with the possibility of a new levy aimed at funding the needs of an ageing population. Credit: Pexels/Andrea Piacquadio.

Of course, this potential levy might spark heated conversations around the dinner table as your adult children and grandchildren ponder the prospect of taking on this financial responsibility.

This idea for a levy comes at a time when many young Australians are already feeling the pinch due to existing financial pressures like inflated house prices, hefty HECS fees, and increasing interest rates. It's worth considering whether this additional burden might further strain relationships between the generations.

The proposed levy was one of several recommendations made by the Royal Commission into Aged Care aimed at addressing the current flaws within the system. If it were to come to fruition, it would function similarly to a Medicare-style tax, applied to all taxpayers.

Ms Wells consistently evaded direct answers when asked about the government's potential introduction of a levy or its functioning, stating that such a step would be premature.

Her emphasis lay not on determining the funding amount required but rather on finding ways to enhance outcomes for individuals within the sector, considering the previous administrations' inability to bring about meaningful reforms.

Ms Wells stated that the task force would delve into avenues for empowering Australians with greater choices regarding their entry into aged care and the available care options.

Nonetheless, she deemed it too early to speculate on the funding mechanism for this innovation, evading queries concerning the existing means testing measures. These measures grant Australians owning modest apartments the same subsidy as those who possess multimillion-dollar properties.

​

As the conversation develops, some critics have questioned whether this is the right solution. Veteran political journalist Samantha Maiden thinks that the levy could contribute to so-called 'intergenerational warfare'.

'Why should young people who are facing HECS debts and rising interest rates and inflation pay for a levy for the [seniors] to have lava lamps in their aged care home?' she asked during a recent television appearance.

Samantha argued that older Australians, many of whom are asset-rich (particularly when it comes to property), should be encouraged to utilise these assets to fund their own aged care.

She even went as far as suggesting that taxing young people, many of whom can't yet afford to purchase a home, might be unfair.

Key Takeaways

• Aged Care Minister Anika Wells acknowledges the government's responsibility to address the failing aged care sector and is considering a tax levy to boost funding.
• The Minister is focusing not on the amount of funding required but on ways to improve outcomes for those within the sector.
• A task force is being set up to explore ways to give Australians better choices regarding their aged care options and develop incentives for industry innovation.

Here at the Seniors Discount Club, we recognise the importance of quality aged care while also considering the potential impact on our younger generations. We want to see meaningful and equitable solutions for tackling the current challenges facing the aged care sector, and it's essential to keep an open dialogue on this matter.

We encourage you to discuss these recommendations and ideas with your adult children and grandchildren. What is their perspective on the potential levy? By opening up these conversations, we can ensure that the solution is equitable, sustainable, and fair for everyone involved.

As the discussion continues, we will keep an eye on any updates regarding the idea of a new levy. What do you think of this proposition? Share your thoughts with us in the comments below as well

Another tax disguised as a levy? Why should any tax payer ( other than those avoiding tax and offshore corporations!?!) pay additional tax to government bodies who fiscally mismanage those we already contribute? Why DID we need ANOTHER waste of taxpayers taxes in the form of a Royal Commission; we have Regulators ( or are they too, asleep at the wheel??) Aged Care is providers Heaven and a client and family Hellhole. ”Regulators” parade transparency right up until….they are contacted …. Given that they can even be sought out!!
Feedback/questions/complaints ….. not welcomed. Huge payments made to celebrity to increase nutritional content in residential and Inhome meals… result .. unidentifiable and inexcusable content presented as a “meal”.
New CUTS to cleaning, aids and allied health (to note a few) from Inhome packages have RECENTLY been implemented….CUTS?? Yet you suggest a new LEVY??
Yes minister, we DO need TRANSPARENT, on the ground, ongoing regulators; rotating community committees; we do need IMMEDIATE and EFFECTIVE action within government agencies and providers ; we do NIT need MORE taxes.
Yes minister, we do need to demonstrate, by your ACTIONS and authenticity of CARE, by efficiently REGULATED agencies and providers, that our Elders are CARED for with DIGNITY and respect by those very agencies.
Responsible everyday Australians already pay and have paid our taxes; we EXPECT government agencies to administer them with equal responsibility AND accountability.

 

[GranniCaz]

Another tax disguised as a levy? Why should any tax payer ( other than those avoiding tax and offshore corporations!?!) pay additional tax to government bodies who fiscally mismanage those we already contribute? Why DID we need ANOTHER waste of taxpayers taxes in the form of a Royal Commission; we have Regulators ( or are they too, asleep at the wheel??) Aged Care is providers Heaven and a client and family Hellhole. ”Regulators” parade transparency right up until….they are contacted …. Given that they can even be sought out!!
Feedback/questions/complaints ….. not welcomed. Huge payments made to celebrity to increase nutritional content in residential and Inhome meals… result .. unidentifiable and inexcusable content presented as a “meal”.
• New CUTS to cleaning, aids and allied health (to note a few) from Inhome packages have RECENTLY been implemented….CUTS?? Yet you suggest a new LEVY??
Yes minister, we DO need TRANSPARENT, on the ground, ongoing regulators; rotating community committees; we do need IMMEDIATE and EFFECTIVE action within government agencies and providers ; we do NOT need MORE taxes.
Yes minister, we do need to demonstrate, by your ACTIONS and authenticity of CARE, by efficiently REGULATED agencies and providers, that our Elders are CARED for with DIGNITY and respect by those very agencies.
Responsible everyday Australians already pay and have paid our taxes; we EXPECT government agencies to administer them with equal responsibility AND accountability.

 

[janj]

No and I did my share in aged care for 27 years, as a cleaner and when I get a chance also volunteer, I am nearly 70,

 

[SALyn]

In Germany, where my daughter and her husband lived for three years, everyone pays a levy. This entitles them to receive sick pay when they are off work with illness, and a pension when they retire. Once upon a time, the young took care of their aged relatives. It doesn't seem to happen so much these days. But we pay taxes all our working lives in order to support others on government benefits. Surely we are entitled to some kind of recompense in our retirement years? Our should our society develop a system where by the old are chopped up for fertilizer as in the movie from long ago called Soylent Green?

 

[Blob]

There we go... more TAXES under Labor. They SPEND all their revenue on more Welfare, and need more and more money, forever. They "Fund" everything blindly, until the cupboard is bare. In Qld... there is plenty extra taxes coming in from the mines, - and Mrs Palla-Shay will spend it all on the Olympics. Meantime, the M1 and Bruce highway are a disgraceful 3rd world standard. Just be glad you're OLD !

 

[Pink lion]

There are many Corporations both Australian and overseas companies, THAT DO NOT PAY TAXES.

Get them to stand up and pay what's fair.

LIST THEM and regularly post this in news media until they relent and support our national interests and our Nation would be fine.

We are evidently among the heaviest taxed nations on Earth.

SCORN and RIDICULE are the weapons to use against an entrenched mindset. Rational argument can be presented in debate, figures can be manipulated, it's called politics.

EMBARRASSMENT CREATES CHANGE.

PUBLICLY IDENTIFY EVERYONE THAT DELIBERATELY AVOIDS TAXES AND KEEP THEIR NAMES CONSTANTLY PRESENT in the PUBLIC EYE until they succumb and do the right thing.

PUBLIC OPINION WILL DO THE REST.

 

[kerrikennel]

There are many Corporations both Australian and overseas companies, THAT DO NOT PAY TAXES.

Get them to stand up and pay what's fair.

LIST THEM and regularly post this in news media until they relent and support our national interests and our Nation would be fine.

We are evidently among the heaviest taxed nations on Earth.

SCORN and RIDICULE are the weapons to use against an entrenched mindset. Rational argument can be presented in debate, figures can be manipulated, it's called politics.

EMBARRASSMENT CREATES CHANGE.

PUBLICLY IDENTIFY EVERYONE THAT DELIBERATELY AVOIDS TAXES AND KEEP THEIR NAMES CONSTANTLY PRESENT in the PUBLIC EYE until they succumb and do the right thing.

PUBLIC OPINION WILL DO THE REST.

Pretty sure the taxes from these huge companies would bolster the age care completely, with money left over.

 

[cjw1960]

As the ageing population in Australia continues to grow, the government is beginning to look at creative ways to help fund the nation's aged care sector. One idea that has been floating around recently is the introduction of a new levy or tax on younger Australians to help senior Australians.

Aged Care Minister Anika Wells has stated that the government has a 'genuine duty to deliberate' on any option to reverse the difficulties faced by the aged care sector, including exploring the concept of a levy.

While the Minister hasn't confirmed whether the government will introduce this tax, she's acknowledged that it might be necessary to ensure fair and equitable funding for the sector moving forward.

'We need to have an honest, responsible, and mature discussion about what aged care is going to look like in this country,' Anika explained during a recent interview with ABC.

'If I'm setting up a task force that is going to answer the question of how do we sustainably, equitably fund aged care in Australia moving forward, we need to deliberate on the recommendations to aged care funding that were handed by the Royal Commission.'

View attachment 22059

Young Australians are confronted with the possibility of a new levy aimed at funding the needs of an ageing population. Credit: Pexels/Andrea Piacquadio.

Of course, this potential levy might spark heated conversations around the dinner table as your adult children and grandchildren ponder the prospect of taking on this financial responsibility.

This idea for a levy comes at a time when many young Australians are already feeling the pinch due to existing financial pressures like inflated house prices, hefty HECS fees, and increasing interest rates. It's worth considering whether this additional burden might further strain relationships between the generations.

The proposed levy was one of several recommendations made by the Royal Commission into Aged Care aimed at addressing the current flaws within the system. If it were to come to fruition, it would function similarly to a Medicare-style tax, applied to all taxpayers.

Ms Wells consistently evaded direct answers when asked about the government's potential introduction of a levy or its functioning, stating that such a step would be premature.

Her emphasis lay not on determining the funding amount required but rather on finding ways to enhance outcomes for individuals within the sector, considering the previous administrations' inability to bring about meaningful reforms.

Ms Wells stated that the task force would delve into avenues for empowering Australians with greater choices regarding their entry into aged care and the available care options.

Nonetheless, she deemed it too early to speculate on the funding mechanism for this innovation, evading queries concerning the existing means testing measures. These measures grant Australians owning modest apartments the same subsidy as those who possess multimillion-dollar properties.

​

As the conversation develops, some critics have questioned whether this is the right solution. Veteran political journalist Samantha Maiden thinks that the levy could contribute to so-called 'intergenerational warfare'.

'Why should young people who are facing HECS debts and rising interest rates and inflation pay for a levy for the [seniors] to have lava lamps in their aged care home?' she asked during a recent television appearance.

Samantha argued that older Australians, many of whom are asset-rich (particularly when it comes to property), should be encouraged to utilise these assets to fund their own aged care.

She even went as far as suggesting that taxing young people, many of whom can't yet afford to purchase a home, might be unfair.

Key Takeaways

• Aged Care Minister Anika Wells acknowledges the government's responsibility to address the failing aged care sector and is considering a tax levy to boost funding.
• The Minister is focusing not on the amount of funding required but on ways to improve outcomes for those within the sector.
• A task force is being set up to explore ways to give Australians better choices regarding their aged care options and develop incentives for industry innovation.

Here at the Seniors Discount Club, we recognise the importance of quality aged care while also considering the potential impact on our younger generations. We want to see meaningful and equitable solutions for tackling the current challenges facing the aged care sector, and it's essential to keep an open dialogue on this matter.

We encourage you to discuss these recommendations and ideas with your adult children and grandchildren. What is their perspective on the potential levy? By opening up these conversations, we can ensure that the solution is equitable, sustainable, and fair for everyone involved.

As the discussion continues, we will keep an eye on any updates regarding the idea of a new levy. What do you think of this proposition? Share your thoughts with us in the comments below as well!

Why shouldn’t they? We paid our taxes all our lives much of which helps the youngsters of today get paid on the dole whilst playing computer games and doing drugs.

 

[Thecheesequeen]

In Germany, where my daughter and her husband lived for three years, everyone pays a levy. This entitles them to receive sick pay when they are off work with illness, and a pension when they retire. Once upon a time, the young took care of their aged relatives. It doesn't seem to happen so much these days. But we pay taxes all our working lives in order to support others on government benefits. Surely we are entitled to some kind of recompense in our retirement years? Our should our society develop a system where by the old are chopped up for fertilizer as in the movie from long ago called Soylent Green?

It’s the same in the UK. It’s called National Insurance and it comes off your pay as a separate levy to any other taxes. It pays for sick pay, a pension on retirement, and the NHS. Nothing to pay when you see a doctor or to have medical tests or or have to go to hospital.
We pay for it our whole working life to cover our health and financial wellbeing. And young people who object now perhaps forget that they too will be old some day.

 

[Pink lion]

Why shouldn’t they? We paid our taxes all our lives much of which helps the youngsters of today get paid on the dole whilst playing computer games and doing drugs.

No argument there, however, any monies gathered is a mere pittance compared to what the Government and their cronies allow Corporations year after year to get away with.

 

[mylittletibbies]

Why shouldn’t they? We paid our taxes all our lives much of which helps the youngsters of today get paid on the dole whilst playing computer games and doing drugs.

If you think bout that comment for a moment, you would realise, they are the ones who don't pay any tax.

 

[lynstacker]

As the ageing population in Australia continues to grow, the government is beginning to look at creative ways to help fund the nation's aged care sector. One idea that has been floating around recently is the introduction of a new levy or tax on younger Australians to help senior Australians.

Aged Care Minister Anika Wells has stated that the government has a 'genuine duty to deliberate' on any option to reverse the difficulties faced by the aged care sector, including exploring the concept of a levy.

While the Minister hasn't confirmed whether the government will introduce this tax, she's acknowledged that it might be necessary to ensure fair and equitable funding for the sector moving forward.

'We need to have an honest, responsible, and mature discussion about what aged care is going to look like in this country,' Anika explained during a recent interview with ABC.

'If I'm setting up a task force that is going to answer the question of how do we sustainably, equitably fund aged care in Australia moving forward, we need to deliberate on the recommendations to aged care funding that were handed by the Royal Commission.'

View attachment 22059

Young Australians are confronted with the possibility of a new levy aimed at funding the needs of an ageing population. Credit: Pexels/Andrea Piacquadio.

Of course, this potential levy might spark heated conversations around the dinner table as your adult children and grandchildren ponder the prospect of taking on this financial responsibility.

This idea for a levy comes at a time when many young Australians are already feeling the pinch due to existing financial pressures like inflated house prices, hefty HECS fees, and increasing interest rates. It's worth considering whether this additional burden might further strain relationships between the generations.

The proposed levy was one of several recommendations made by the Royal Commission into Aged Care aimed at addressing the current flaws within the system. If it were to come to fruition, it would function similarly to a Medicare-style tax, applied to all taxpayers.

Ms Wells consistently evaded direct answers when asked about the government's potential introduction of a levy or its functioning, stating that such a step would be premature.

Her emphasis lay not on determining the funding amount required but rather on finding ways to enhance outcomes for individuals within the sector, considering the previous administrations' inability to bring about meaningful reforms.

Ms Wells stated that the task force would delve into avenues for empowering Australians with greater choices regarding their entry into aged care and the available care options.

Nonetheless, she deemed it too early to speculate on the funding mechanism for this innovation, evading queries concerning the existing means testing measures. These measures grant Australians owning modest apartments the same subsidy as those who possess multimillion-dollar properties.

​

As the conversation develops, some critics have questioned whether this is the right solution. Veteran political journalist Samantha Maiden thinks that the levy could contribute to so-called 'intergenerational warfare'.

'Why should young people who are facing HECS debts and rising interest rates and inflation pay for a levy for the [seniors] to have lava lamps in their aged care home?' she asked during a recent television appearance.

Samantha argued that older Australians, many of whom are asset-rich (particularly when it comes to property), should be encouraged to utilise these assets to fund their own aged care.

She even went as far as suggesting that taxing young people, many of whom can't yet afford to purchase a home, might be unfair.

Key Takeaways

• Aged Care Minister Anika Wells acknowledges the government's responsibility to address the failing aged care sector and is considering a tax levy to boost funding.
• The Minister is focusing not on the amount of funding required but on ways to improve outcomes for those within the sector.
• A task force is being set up to explore ways to give Australians better choices regarding their aged care options and develop incentives for industry innovation.

Here at the Seniors Discount Club, we recognise the importance of quality aged care while also considering the potential impact on our younger generations. We want to see meaningful and equitable solutions for tackling the current challenges facing the aged care sector, and it's essential to keep an open dialogue on this matter.

We encourage you to discuss these recommendations and ideas with your adult children and grandchildren. What is their perspective on the potential levy? By opening up these conversations, we can ensure that the solution is equitable, sustainable, and fair for everyone involved.

As the discussion continues, we will keep an eye on any updates regarding the idea of a new levy. What do you think of this proposition? Share your thoughts with us in the comments below as well!

Asset rich Australians (read own their own home) are forced to sell their home to pay the bond to enter an aged care facility so they do indeed pay their way

 

[John Robert]

I do not support younger people having to carry a disproportionate responsibility for aged care. There are many other levers the government can use including:
1. A resources tax ( similar to Norway)
2. Greater emphasis on large corporations actually paying some tax
3. Re organise priorities. I wonder whether the purchase of these 8 nuclear subs is such a good move? Many experts argue that cheaper alternative subs which are more defensive would be more appropriate and many billions of dollars cheaper. The savings could fund other areas of defense but also be Re directed towards aged care.
4. Re consider the absurd stage three tax cuts due in a year or two.
5. Streamline some government departments to aim for an efficiency target to offset the costs of aged care.
These are a few considerations.

It seems to me fundamentally unfair to expect the younger generation to have to be somehow levied for something they had zero input into creating.

 

[Cheezil]

As the ageing population in Australia continues to grow, the government is beginning to look at creative ways to help fund the nation's aged care sector. One idea that has been floating around recently is the introduction of a new levy or tax on younger Australians to help senior Australians.

Aged Care Minister Anika Wells has stated that the government has a 'genuine duty to deliberate' on any option to reverse the difficulties faced by the aged care sector, including exploring the concept of a levy.

While the Minister hasn't confirmed whether the government will introduce this tax, she's acknowledged that it might be necessary to ensure fair and equitable funding for the sector moving forward.

'We need to have an honest, responsible, and mature discussion about what aged care is going to look like in this country,' Anika explained during a recent interview with ABC.

'If I'm setting up a task force that is going to answer the question of how do we sustainably, equitably fund aged care in Australia moving forward, we need to deliberate on the recommendations to aged care funding that were handed by the Royal Commission.'

View attachment 22059

Young Australians are confronted with the possibility of a new levy aimed at funding the needs of an ageing population. Credit: Pexels/Andrea Piacquadio.

Of course, this potential levy might spark heated conversations around the dinner table as your adult children and grandchildren ponder the prospect of taking on this financial responsibility.

This idea for a levy comes at a time when many young Australians are already feeling the pinch due to existing financial pressures like inflated house prices, hefty HECS fees, and increasing interest rates. It's worth considering whether this additional burden might further strain relationships between the generations.

The proposed levy was one of several recommendations made by the Royal Commission into Aged Care aimed at addressing the current flaws within the system. If it were to come to fruition, it would function similarly to a Medicare-style tax, applied to all taxpayers.

Ms Wells consistently evaded direct answers when asked about the government's potential introduction of a levy or its functioning, stating that such a step would be premature.

Her emphasis lay not on determining the funding amount required but rather on finding ways to enhance outcomes for individuals within the sector, considering the previous administrations' inability to bring about meaningful reforms.

Ms Wells stated that the task force would delve into avenues for empowering Australians with greater choices regarding their entry into aged care and the available care options.

Nonetheless, she deemed it too early to speculate on the funding mechanism for this innovation, evading queries concerning the existing means testing measures. These measures grant Australians owning modest apartments the same subsidy as those who possess multimillion-dollar properties.

​

As the conversation develops, some critics have questioned whether this is the right solution. Veteran political journalist Samantha Maiden thinks that the levy could contribute to so-called 'intergenerational warfare'.

'Why should young people who are facing HECS debts and rising interest rates and inflation pay for a levy for the [seniors] to have lava lamps in their aged care home?' she asked during a recent television appearance.

Samantha argued that older Australians, many of whom are asset-rich (particularly when it comes to property), should be encouraged to utilise these assets to fund their own aged care.

She even went as far as suggesting that taxing young people, many of whom can't yet afford to purchase a home, might be unfair.

Key Takeaways

• Aged Care Minister Anika Wells acknowledges the government's responsibility to address the failing aged care sector and is considering a tax levy to boost funding.
• The Minister is focusing not on the amount of funding required but on ways to improve outcomes for those within the sector.
• A task force is being set up to explore ways to give Australians better choices regarding their aged care options and develop incentives for industry innovation.

Here at the Seniors Discount Club, we recognise the importance of quality aged care while also considering the potential impact on our younger generations. We want to see meaningful and equitable solutions for tackling the current challenges facing the aged care sector, and it's essential to keep an open dialogue on this matter.

We encourage you to discuss these recommendations and ideas with your adult children and grandchildren. What is their perspective on the potential levy? By opening up these conversations, we can ensure that the solution is equitable, sustainable, and fair for everyone involved.

As the discussion continues, we will keep an eye on any updates regarding the idea of a new levy. What do you think of this proposition? Share your thoughts with us in the comments below as well!

No! Govt need to reassess migration policy! Perhaps this is where a chunk of our taxes are going (& foreign aid) at a time when we simply cannot afford it all & so many of our own are homeless, hungry & getting told we have to wait til we are 70 to access aged pension & aged/health care & medicare becoming unavailable more & more!
People need to wake up, none of the politicians care about us/our own as they themselves are unaffected by all these things! Maybe its out of their pockets we need to be looking for paying for aged care, etc etc?

 

[Trudi]

No! Our children and grandchildren are paying enough tax already. In addition many of them will be paying off their HECS debts for decades.

The main problem with aged care is that it had been outsourced to private enterprise and the objective of those providers is to make a profit!

 

[Jennylolo]

Asset rich Australians (read own their own home) are forced to sell their home to pay the bond to enter an aged care facility so they do indeed pay their way

exactly, if you have assets they have to be used before getting a bed. Recently happened with my Dad.

 

[elaine41]

The young are happy to accept free child care so they can go to work. Surely they should be required to either pay for their children to be cared for or else there should be a levy to cover this cost which I consider is grossly unfair to the majority of the population who raised their children without the help of the govt in providing child care. If they want to have free care for the young then surely there should be free care for the elderly who have worked all their lives, paid taxes, raised their families (who now want lots of freebies).
I am all in favour of a levy to cover the cost of caring for our senior citizens.

 

[Tony@51]

As the ageing population in Australia continues to grow, the government is beginning to look at creative ways to help fund the nation's aged care sector. One idea that has been floating around recently is the introduction of a new levy or tax on younger Australians to help senior Australians.

Aged Care Minister Anika Wells has stated that the government has a 'genuine duty to deliberate' on any option to reverse the difficulties faced by the aged care sector, including exploring the concept of a levy.

While the Minister hasn't confirmed whether the government will introduce this tax, she's acknowledged that it might be necessary to ensure fair and equitable funding for the sector moving forward.

'We need to have an honest, responsible, and mature discussion about what aged care is going to look like in this country,' Anika explained during a recent interview with ABC.

'If I'm setting up a task force that is going to answer the question of how do we sustainably, equitably fund aged care in Australia moving forward, we need to deliberate on the recommendations to aged care funding that were handed by the Royal Commission.'

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Young Australians are confronted with the possibility of a new levy aimed at funding the needs of an ageing population. Credit: Pexels/Andrea Piacquadio.

Of course, this potential levy might spark heated conversations around the dinner table as your adult children and grandchildren ponder the prospect of taking on this financial responsibility.

This idea for a levy comes at a time when many young Australians are already feeling the pinch due to existing financial pressures like inflated house prices, hefty HECS fees, and increasing interest rates. It's worth considering whether this additional burden might further strain relationships between the generations.

The proposed levy was one of several recommendations made by the Royal Commission into Aged Care aimed at addressing the current flaws within the system. If it were to come to fruition, it would function similarly to a Medicare-style tax, applied to all taxpayers.

Ms Wells consistently evaded direct answers when asked about the government's potential introduction of a levy or its functioning, stating that such a step would be premature.

Her emphasis lay not on determining the funding amount required but rather on finding ways to enhance outcomes for individuals within the sector, considering the previous administrations' inability to bring about meaningful reforms.

Ms Wells stated that the task force would delve into avenues for empowering Australians with greater choices regarding their entry into aged care and the available care options.

Nonetheless, she deemed it too early to speculate on the funding mechanism for this innovation, evading queries concerning the existing means testing measures. These measures grant Australians owning modest apartments the same subsidy as those who possess multimillion-dollar properties.

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As the conversation develops, some critics have questioned whether this is the right solution. Veteran political journalist Samantha Maiden thinks that the levy could contribute to so-called 'intergenerational warfare'.

'Why should young people who are facing HECS debts and rising interest rates and inflation pay for a levy for the [seniors] to have lava lamps in their aged care home?' she asked during a recent television appearance.

Samantha argued that older Australians, many of whom are asset-rich (particularly when it comes to property), should be encouraged to utilise these assets to fund their own aged care.

She even went as far as suggesting that taxing young people, many of whom can't yet afford to purchase a home, might be unfair.

Key Takeaways

• Aged Care Minister Anika Wells acknowledges the government's responsibility to address the failing aged care sector and is considering a tax levy to boost funding.
• The Minister is focusing not on the amount of funding required but on ways to improve outcomes for those within the sector.
• A task force is being set up to explore ways to give Australians better choices regarding their aged care options and develop incentives for industry innovation.

Here at the Seniors Discount Club, we recognise the importance of quality aged care while also considering the potential impact on our younger generations. We want to see meaningful and equitable solutions for tackling the current challenges facing the aged care sector, and it's essential to keep an open dialogue on this matter.

We encourage you to discuss these recommendations and ideas with your adult children and grandchildren. What is their perspective on the potential levy? By opening up these conversations, we can ensure that the solution is equitable, sustainable, and fair for everyone involved.

As the discussion continues, we will keep an eye on any updates regarding the idea of a new levy. What do you think of this proposition? Share your thoughts with us in the comments below as well!

After the second world our returning solders were told they would be paying extra tax to provide for their retirement as far as i know this levy is still in effect so we have paid for our retirement already if the governments in the past have mismanaged this levy maybe they should be made accountable.