The government is proposing to raise the superannuation entitlement (aged pension) age from 65 to 67

The government is proposing to raise the superannuation entitlement (aged pension) age from 65 to 67. The change is “scheduled to be phased in between 2037 and 2040, but could easily be brought forward as the underlying economic crisis deepens. Legislation for the change will be introduced in 2018, following this September’s national election. (…) The announcement represents a further escalation of the austerity measures implemented over the past decade. As in Europe, the US and Australia, the full burden is being imposed on the working class. The government has cut thousands of public sector jobs, increased the regressive Goods and Services Tax (GST), privatized companies, starved health and education sectors of funds and pushed thousands of vulnerable people off welfare.”