Retirement income and savings policies could be deciding factors in this coming federal election. Forty-eight per cent of the seats in parliament have a median voter age of 50 years or older.
Most significantly 56% said they were prepared to pay higher tax. While Greens (75%) were the most generous, even 46% of Liberal voters said they were prepared to pay more.
There is a good argument to keep taxes as low as possible. It’s an argument that is losing ground in modern Australia.