Tony Abbott supports “grandfathering”

On 27 June 2017, Tony Abbott, in a speech to the Institute of Public Affairs, Brisbane, supported grandfathering provisions. He said, amongst other things:

Absent an acute crisis, to get elected with an economic reform programme, it’s probably necessary to guarantee that existing beneficiaries will keep their benefits.

But even with grandfathered changes, a government that accepts we have a spending problem rather than a revenue one can make a big difference over time.

 

Especially with the 2014 budget, the Abbott government probably exceeded the reform speed limit but there was never any confusion about the direction of travel.

Monday, August 7, 2017