To the Editor,
The Prime Minister, The Treasurer, The Minister for Health, Assistant Minister and Parliamentary
Secretaries. Sirs, It is a ludicrous paradox that private health fund premiums are approved to rise in April 2014.
There are people who pay off their debts monthly: rely on the Aged Pension, appreciate the 40% discount on private health premiums and pay hospital charges using the private health fund.
These people also benefit from a range of other concessions available due to their age. As a result their financial affairs are finely managed and in some cases they rely on interest from a meagre investment portfolio.
How anyone who has not received a dividend from an investment in QANTAS, since 2009, could “hold a candle” for QANTAS, which is on a path of self -destruction, is any-ones guess, simply because their money lies idle.
Government ridiculously encourages debt by continuously supporting lower interest rates which produce low investment income. This, when tied with increases in health fund premiums squeezes that section of the community trying to be self-sustaining.
Who does government really help in the long run?
Those who increase their debt through cheap borrowing or those trying to be self -sufficient?