“CPSA interprets Prime Minister Gillard’s speech on aged care today as a series of coded messages, signalling the Government is gearing up to make a grab for frail older Australians’ home equity,” said CPSA Policy Coordinator Paul Versteege.
“Greater choice and control over [...] care arrangements means that aged care is going to be more expensive.
“Funding arrangements for aged care must be fair and they must be sustainable means that consumers are going to have to pay.
“The Productivity Commission has made it clear that it wants to impose a pre-death death tax on older Australians by making them sell or hock the house they have slaved for and that gives them their sense of security and control. The Prime Minister clearly agrees.
“On Monday 8 August the Gillard Government will release the Productivity Commission’s final report on aged care funding, which is likely to feature funding recommendations that would force people to sell or reverse mortgage the family home when they need aged care.
“CPSA is set to campaign against the Productivity Commission’s aged care funding proposals if these proposals involve the sale or mortgaging of the family home, and which affect the least well-off most,” said Paul Versteege.
CPSA represents pensioners of all ages, superannuants and low-income retirees. CPSA has 137 Branches and Affiliated Organisations, with a combined membership of 31,000 people.
Media Contact: Paul Versteege
Mobile: 0410 612 182