this post was submitted on 24 Jan 2024
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Stage-three tax cuts: cabinet approves new cost-of-living relief for workers on less than $150,000 (www.theguardian.com)
submitted 9 months ago by gumnut@aussie.zone to c/australia@aussie.zone
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[–] saltesc@lemmy.world 19 points 9 months ago (2 children)

This is really nice news. I've been working my arse off trying to get out of an ever-chasing increase in costs. So it feels like every pay rise means I'm just back to where I was two years ago.

I feel like my income now is good enough to finally allow some savings once debts and other things are chipped away, and I was scared that now I finally have nostrils above water, I'd get slammed back down for "earning too much". At that point, I'd just accept that my end of life years will be miserable and a total burden to tax payers because I never got the chance to breathe and prepare for life and health after work.

I need a break because I'm running out of critical time that's normally used to prepare for senior years. I've already accepted working past retirement is a likely offsetethod for this.

[–] Marsupial@quokk.au 10 points 9 months ago* (last edited 9 months ago)

My retirement plan is literally to kill myself because I cannot afford it and will have no one to care for me.

[–] naevaTheRat@lemmy.dbzer0.com 5 points 9 months ago

Glad you feel like you're getting a lifeline. It's a crying shame how unequal our society is becoming again.

I just think it's completely unacceptable that large numbers of us are looking at working till our bodies fail while a few get to jet off for international holidays every year or two. Imho minimum acceptable wage is a wage that allows someone to enjoy a bit of luxury without sabotaging their future and until there's literally zero inequality to flatten out I just won't accept the claims from rich people that there isn't enough to go round.