PRODUCTIVITY SUMMIT IGNORES FACT THAT AUSTRALIA CARELESSLY WASTES EXPERIENCE OF ITS OLDER CITIZENS

I have tried and failed to have the huge potential of unused productivity of Senior Australians on to the agenda of the Productivity Roundtable that takes place in Canberra next week.

While I have been treated with courtesy and respect, my comments have fallen on deaf ears as the agenda of the Roundtable focusses solely on the big end of town, most of whom are there to seek greater profits for their own empires.

If I was at the Summit, I would state concisely these undeniable truths.

*There are 6 million older Australians many of whom are bored by retirement. Together, they have massive life and work experience, but are discouraged from contributing to the prosperity of the nation.

*Indeed, they are hit with financial penalties when they try to return to the workforce.

*There is huge economic potential in fostering Intergenerational Partnerships in which the experience of oldies is linked with the modern technology embraced by youth to form small start up businesses throughout the nation. I have been advocating this for 25 years but no government has been willing to pioneer it.

*Many retirees want to start a second life when they reach retirement age by training for a new occupation. They can begin this with the enthusiasm of youth and work with enthusiasm at for at least 25 years, but governments won’t create skills training programs to encourage them to do this. (and they will live 5 years longer than those who stop work to enjoy a life of leisure)

*Oldies who want to serve the community as volunteers for not for profit institutions are banned from doing so by ridiculous workplace, health, and safety regulations causing volunteering to die across the nation.

*Because of all of the abovementioned negativity of closed minds in governments, Australia loses billions of dollars in productivity and destroys Medicare by denying Oldies the good health created by activity that also creates new taxable income streams for governments.

ALL OF THIS DUMB LACK OF ENCOURAGEMENT OF OLDER AUSTRALIANS BY GOVERMENTS OF ALL POLITICAL COLOURS WILL BE REFLECTED AT THE PRODUCTIVITY ROUNDTABLE WHICH WILL CONCENTRATE ON EXPANDING THE PROFITS OF THE BIG GUYS, MOST OF WHOM ARE TAX AVOIDERS.

PLEASE EMAIL THIS TO YOUR LOCAL MP AND ASK THEM TO MIGHTILY HARASS THE PRODUCTIVITY ROUNDTABLE.

I recommend you read the book ‘Dreamers and Schemers’ written by Frank Bonjoirno. It is a cracker of a read. It accurately describes the way governments work in Australia.

Cheers

Everald

PRODUCTIVITY ROUNDTABLE MUST RECOGNISE THAT OLDER AUSTRALIANS ARE OUR NATION’S MOST UNRECOGNISED AND UNUSED ASSET.

I applaud Jim Chalmers decision to hold a Productivity Roundtable at Parliament in Canberra in August with the aim of creating a plan to increase the productivity of our nation.

25 of Australia’s top financial and industrial power brokers will meet in the Cabinet Room to express the well known views they have been publicly advocating to the government for a long time. Sadly, very little that is new is likely be added to the findings of the Roundtable.

A few days ago, I was presumptuous enough to apply for a place at the roundtable to present three initiatives that will encourage the nation’s 6 million older citizens to happily add their contribution to the productivity of Australia. Jim Chalmers didn’t reject my self invitation. He is too courteous a bloke to do that. He just told me the truth. They have no spare seats left at the table and many people like me were also trying to get there.

So it is that I will make a written submission to the Roundtable that will advocate three important creators of productivity.

*The removal of all restrictions and penalties that discourage older Australians from re-entering the work force and bringing their wisdom, practical experience and positive work culture with them.

*Positive action by Government to foster Intergenerational Partnerships through which older Australians can partner bright young Aussie visionaries to bring their creative dreams to reality by forming ‘Wise Young’ partnerships that will pioneer thousands of new start up companies that will break new ground via visionary projects.

*Actively encourage retirees to go to TAFE as evening students soon after their 60th birthday to learn new skills that will enable them to start a totally new career when they reach the traditional retirement age of 67, instead of retiring to spend 30 years watching Netflix. They can attempt to achieve the dreams they have thought about creating for decades, but had too many responsibilities that deterred them at the time. .

These three initiatives will hugely add to Australia’s productivity and reduce the nation’s health and ageing bills as activity always wards off illness.

Jim, please personally present these three proposals to the Productivity Roundtable on behalf of all talented oldies whose work culture ensures that they never ever think of taking sickies. It will create a wonderful revolution in our nation’s work ethic.

Cheers for Australia and its productive oldies.

Everald

(Proudly displayed below is the Everald Compton Community Champion Medal which is presented every year by National Seniors Australia. It is an award that began last year and acknowledges the tremendous achievements Senior Aussies constantly make to the nation and encourages all oldies to put their best foot forward for Australia. Please applaud their huge potential)

WHEN YOU REACH AGE EIGHTY IT’S TIME TO START WRITING BOOKS.

On the day I celebrated my 80th birthday I decided to become an author who would write best sellers. I had written a few books about fund raising in my earlier life, as well as a biography for my family, but no serious novels that could find a place on shelves of book shops.

So, I decided it was time to get serious and made plans to write and publish 5 books before I reached 90. I failed to achieve this goal as I only published the fifth at age 93. Never mind, my plan is to write another 4 before I reach my century.

I made an instant decision that my first would be about my boyhood hero, John Flynn, known in my era as Flynn of the Inland, founder of the Flying Doctor Service. Took me a while to work out where to start as I knew that, if the opening pages don’t grip readers, they toss the book away. So, I decided to open with an account of the day when the Presbyterian Church sacked Flynn for being too visionary and not fundamentalist. So it was that THE MAN ON THE TWENTY DOLLAR NOTES was born and it sold well. People love to read about nation builders.

My second was DINNER WITH THE FOUNDING FATHERS. I wrote it as an historical novel based on the lives of great leaders who founded Australia on 1 January 1901 (not 26 Jan). The key leaders were Barton, Deacon, Griffith and others. I based it around a fictional dinner where they review all the battles they fought over the 13 years it took to achieve a Federation of Australian States. I kept rigidly to the historical facts and created dialogue based on the known character of each of the heroes. Good authors don’t create history.

Then came A BEAUTIFUL SUNSET. This is pure fiction, not history. I found fiction to be much harder to write as it requires a lot of imagination. The story is about a famous Anglican Priest who gets a terminal illness and decides to depart via voluntary assisted dying. Huge controversy erupts but he decides to make his last three months the finest of his life. Sells mainly to people and families who face end of life challenges.

Number 4 was CATCHING THE LINVILLE TRAIN. A political history of nine decades of my life. Lots of chapters about world events that impacted on me, people I worked with and wonderful places I visited. All happened from age 6 when I took my first journey out from the small village of Linville where my life had begun. It was a train to Toogoolawah. Gradually, trains took me on many journeys. Again, I do not distort historical facts, but I hugely enjoyed researching it all on google. Did not have to visit a library. Fact is you can only become an author if you enjoy the long search for excellence. Once it becomes hard work, give it up.

The last, so far, is WALKING WITH THE MAN, BUT NOT TO CHURCH. I have written it in secular language for the 90% of us who don’t go to Church and never will. It simply creates a modern example of the original disciples who went out to the world to ask people to follow a great man, their friend Jesus. The Bible did not exist for another 400 years. They did not tell anyone that they must be saved from their sins. They just talked about the Man and I follow their example today. My challenge was to quietly evaluate all the dogmas and fears that Churches tried to embed in my soul for 9 decades and present a compelling case on how we can create a new world by WALKING WITH THE MAN. I chose my words carefully and redrafted them 15 times so as to get it right. If you want to be an author, your calling is to enjoy the long haul and write for your audience, not your own ego.

Now I am writing book number 6. Its a novel based on ‘Walking with the Man’ that will happily take my initial message to a more powerful and inspirational level. While doing this I am learning to become a ‘page turner’. Our readers must keep wanting to turn the next page before going to sleep.

So, how do you start? My strategy is simple. I grab my computer, sit in a comfortable lounge chair, pour myself a whisky of top quality that will expand my mind, and start typing the first 1000 words. I stop to read it and do considerable redrafting as I never get any page right the first time. Then I gradually expand it 5000 words at a time, redrafting all the way and being aware that publishers don’t like books of less than 60000 words.

Now, may I invite you to read all of my 5 books. As you read them, take notes of how you feel I could have written them better. This will help you to plan a personal strategy for your book number one.

Go to my website right now.

https://everaldcompton.com.

Click on Shop, then click on 5 book special which you can buy for 100 dollars, including postage. (If you buy them individually it costs you 70 dollars more as 5 lots of postage are involved and there is no book discount)

I will sign and post them to you as well as sending you my contact details so you can call me to have a yarn about how you are going in writing your first book.

Cheers

Everald

PS. Below is a page from my website. The photo is me on the day I received the Order of Australia for a second time.

CALLING ALL OLDIES. ITS TIME FOR WISDOM SHARING.

I write books as a delightful way to relax as I enjoy trying to relate my life experiences in an entertaining way that my friends will enjoy.

So it is that, in the six years since my 85th birthday, I have written and published 4 books and have just begun the fifth.

May I suggest that you do likewise and commence right after reading this. There is no time to waste.

I can hear some of my friends saying ‘I am no good at writing things down’ but can I nicely say this is just an excuse. All you have to do is ask one of your grandkids to put it into their computer while you chat away about what you want to say. Then you work together to knock it into shape.

When you finish, there is no need to publish it publicly unless you deliberately choose too. If you have a computer and printer its easy to print off 50 copies to give to family and friends.

Just dont die without recording the music that is in your soul. Your accumulated wisdom is of value to all around you. All you have to do is decide whether to tell you life story or just describe important events in your journey or be like Agatha Christie and write a thriller that your fertile mind will enable you to think up.

Let me briefly tell you my story as an amateur author.

During my long career as a fund raising consultant, I wrote some boring books on raising money, then wrote a family history and my personal history.

I enjoyed doing that, even though none of them were a great success, so late in life I decided to get serious about my writing and enjoy doing so.

My first choice was not a hard one to make. John Flynn, Flynn of the Inland, had been a role model of my life since I learned about him at Sunday School so I wrote THE MAN ON THE TWENTY DOLLAR NOTES. I decided to write it as an historic novel, depicting him as an old man reminiscing about his life. I made sure I got the historical facts correct and created conversations that related to the personalities of those involved. It has been my best seller, 6000 copies sold so far.

Buoyed by that, I decided to write another one and chose to tell the story of how the nation of Australia was created in 1901 and how its Constitution was written as I reckon most Australians don’t have a clue as to what happened. DINNER WITH THE FOUNDING FATHERS follows the same theme as with Flynn. I have our first Prime Minister, Edmund Barton, inviting the most famous of the Founding Fathers (Deakin, Griffith, Forrest, Kingston, etc) to dinner after the event to review what they did and what they could have done better.

Then I wrote A BEAUTIFUL SUNSET. It is pure fiction, the story of a man who has a terminal illness and decides to make his last 3 months the greatest of his life despite huge criticism of his decision to depart via Voluntary Assisted Dying. It is a positive tale of life and death and legacy.

My latest is CATCHING THE LINVILLE TRAIN that describes the events, people, places and causes that determined my life of 91 years which began in the little village of Linville. I reckon it is my best and I was chuffed when a reader whom I have never met went on Facebook this week to commend it with these generous words,

“Well, I’ve read a few books but none are as engrossing and well written as this. If you are interested in history or philosophy, grab a copy. It is brilliant.”

Thank you Noelle.

Right now, I am working on another one, WALKING WITH THE GREAT SPIRIT. I will tell you about it another time. As soon as you can, I want you to start writing and enjoy it. There is no hard work involved. The world needs your words. There may be no tomorrow.

But let me finish with a few comments about the photo below.

My computer reveals to you that I am working on ‘Walking with the Great Spirit’. Beside it are my four books and in front of them is my whisky mug called TOBERMORY. It is a splendid whisky from the Scottish Isle of Mull where Australia’s Governor Macquarie is buried and the tiny Isle of Iona is nearby. You will find it is highlighted in the book I am currently working on.

Salut

Everald

Feel free to go to my website

Everald’s Mission

Click on SHOP and buy a signed copy of any or all of my books.

Then become an author yourself. Best Wishes.

WHY AM I HERE?

One of the greatest story tellers in the history of the United States of America was MARK TWAIN, an author of legend.

He was also a spellbinding orator and superb raconteur.

Of all his great words, I regard these as his finest.

‘There are two memorable days in your life. The first is the day you are born. The second is when you ask yourself this question,

WHY AM I HERE?

Tragedy is that most people either avoid the question or feel unable to answer it.

I was reminded of Mark Twain this week when the Australian Government held a Jobs and Skills Summit in Canberra that was attended by 150 of our nations most influential citizens and who were joined by a selection of powerful Members of Parliament.

Over 2 days, they made 36 recommendations to Government for action which I hope will be implemented quickly, skillfully and efficiently. It is a reasonable assessment to say that the Summit was a success.

Over and above this, the Summit conveyed a personal message to you and me. It challenged us to decide what we will do with our lives at work and play and as volunteers working to create a cohesive society.

The stage is now set for circumstances whereby there will be sufficient jobs available so we can choose, without pressure to work full or part time, no matter what our age or gender or status or wealth or ethnic heritage.

Interestingly, it is confidently expected that many people will now choose part time work in their quest to have a better quality of life.

Especially, older Australians will have the opportunity to return to the work force without losing part of their pension. Hopefully also, a decision will soon be made that will enable self funded retirees to work part time & put their pay in full into their superannuation fund.

Another hope is that volunteers will be given far more interesting challenges in charity work other than the boring task of preparing morning tea or driving cars.

Notably, the greatest thrust of the Summit was to help mothers get back into the paid workforce where they can show their worth and skill in ways they are currently denied (and also add to their superannuation which is currently far inferior to that of males).

Over and above all this are our personal aspirations for a life of fulfillment.

Along with the reforms of the Jobs and Skills Summit will come a flexibility of employment opportunities which will enable people to seek ways and means of achieving personal goals as the result of answering the Mark Twain question – WHY AM I HERE?

Every one of us, no matter what our age or financial position or state of health – or what we have already achieved in life – could have or may have or may think about having a fresh goal or goals in life. Indeed, I read the other day of a woman whose life circumstances had caused her to have only a very basic education. Yet, in her 90’s, she studied for and achieved a University Degree in Arts just to prove she could do it. She has arranged for the scroll that the University gave her to be placed in her coffin as an eternal symbol.

Many of us by force of events may have wound up in an occupation that was not our prime choice. Now, in retirement, why not give it a go, retrain and try to spend at least a decade enjoying your dream before your health gives out.

The opportunities are without limit. I can speak from experience as I have enjoyed 5 occupations fairly successfully over my 90 years – banker, accountant, fund raising consultant, company director, author. Its not all that hard to achieve.

A wonderful thing to do would be to form a business partnership with a young person in which you mentor one another as you work together to achieve a goal. The older person brings wisdom and experience and, hopefully a bit of financial capital. The younger one brings modern knowledge, computer skills, physical strength and vibrant enthusiasm. (I enjoy one such partnership. I do a weekly podcast with a young lawyer, James Morgan, who is 70 years my junior. We call it ‘Young James and Old Everald talk politics’)

So, a new world is opening up for every one of us to accept or reject.

Parliament appears to be getting its act together, showing some leadership and opening doors to opportunity.

We now can decide whether or not we walk through those doors and, if it has been unanswered up to this point in time, grab the future in both hands and say

I KNOW WHY I AM HERE.

From a fan of HUCKLEBERRY FINN and TOM SAWYER.

And who has Flynn of the Inland as his personal role model of achievement. (I wrote a book about him called THE MAN ON THE TWENTY DOLLAR NOTES).

Everald

EVERALD’s TRIO OF BOOKS

In my twilight years, I enjoy writing books and have published three over the past five years, with another five in the planning stages.

I reach 90 years of age in October this year and I will have those five finished by the time I am 95. Then, I plan to write a few more to keep my mind active until I score my century. From then on, there are real possibilities.

May I invite you to join me in this pleasant pastime? 

It is relaxing and invigorating and brain stimulating because we are able to use a lot of accumulated wisdom and experience to expand our vision of the potential and satisfaction of life and convey it to others with words they will enjoy.

Let me tell a little about the three I currently have out there in the bookshops.

Continue reading “EVERALD’s TRIO OF BOOKS”

A BUSH HOLIDAY IS MOST EFFECTIVE VACCINE FOR COVID19

Heritage listed bridge
Heritage listed Dickabram Bridge over the Mary River

Helen and I decided to go bush last week for a change of scenery and an escape, mentally and physically, from COVID19.

We achieved this by signing up as travellers with NATURE BOUND AUSTRALIA, a unique bush touring operation that is very professionally owned and managed by our friends, John and Ros Thompson.

For a moderate fee covering their time and all costs, they take couples like us out into the country in their comfortable four-wheel drive for a highly personalised bush experience that is based on relaxed chats on heritage, history, environment, natural capital and good physical and mental health.

We chose how many days we wanted to go on tour with them and agreed on an itinerary after we had interesting advice from them about the many options that rural Australia offers. None of our chosen destinations had yet experienced COVID19.

Our itinerary took us on back roads through delightfully small communities and our accommodation was in bed and breakfast homes on farming and grazing properties, with other meals at wineries and quaint cafes in interesting places.

Creekbend B&B
Creekbend B&B

John and Ros are a huge source of knowledge about local history right back to the dreamtime of indigenous culture and spirituality, their deep attachment to the land and connecting it to the advent of European culture.

We looked at the impact of civilisation on the environment and the way in which we all consume our natural capital without being aware of it. A fascinating experience.

Occasionally, we got out of phone range, but always managed to connect with Wi-Fi regularly.

The end result of it all was a refreshed mind, more stored knowledge of our superb continent & a happy attitude towards preserving its wellbeing and our own.

We got our money’s worth and more.

Next year, we will line up again because we know that, in essence, a good bush holiday is all about reconnecting to nature and the guiding restorative power it has on our lives.

You can contact the Thompsons on their website natureboundaustralia.com. It will be one of your more productive contacts.

FULLY FRANKED MUST BE FRANK AND FAIR

It is beyond dispute that Bill Shorten is correct when he states that a cash refund of franking credits on investments should be claimed only by a taxpayer.

What is in dispute is the timing and manner in which he intends to legislate changes to current taxation laws on those credits.

His planned legislation must be changed to exempt all shares purchased prior to 30 June, 2019. This will give retirees the same privileges that he has stated that he will grant to those affected by his changes to taxation benefits relating to negative gearing and capital gains.

To deny this, will mean that he will be declaring that property developers are more worthy citizens than retirees and deserve privileges that are to be denied to retirees. Continue reading “FULLY FRANKED MUST BE FRANK AND FAIR”

TRUST FADES AWAY

The Royal Commission on Banking has stirred Australians to the very core of our being.

It has convinced us that TRUST no longer exists in our nation. Our sense of security is severely diminished, particularly among Senior Australians.

This is understandable as, once upon a time, our local bank manager was a highly respected citizen. He was trusted to give solid advice and not give us loans we had no hope of paying back or credit cards we do not really need.

He was also heavily involved in community life in a high profile way.

Then, he disappeared from public view.

Now, it is almost impossible to find a local bank manager even if we go to a bank. We enter an atmosphere where the message is that they don’t want us there. We must phone a ‘friendly’ relationship manager whom we track down after have pressed about a dozen buttons. We get a different person every time we call and she is only interested in our number, not our name.

It’s very sad that this grand old asset of Australian life has passed away, a killer culture having replaced it. Continue reading “TRUST FADES AWAY”

ASSISTED DYING – A SIMPLE CHOICE

I am grateful for the gift of life that has been mine and I hope that I have managed to make a good contribution to the society in which I live.

This being so, I don’t want to live if a time arises when I have no quality of life. At this point, I want out immediately, and if there are no laws authorising Voluntary Euthanasia in Queensland where I live, then I fully intend to do everything I can to bring on a good heart attack.

I do not want to lie in bed like a vegetable and cause my family to make endless visits to my bedside to see someone who is simply not me, just an object of pity.

I want them to remember me as an active and happy achiever who enjoyed their company. Their last sight of me must not be awful.

And I want to save the nursing home fees so the money can be used to give my grandkids a great start in life.

Clearly, the best outcome is for the Queensland Government to make it legal for me to voluntarily take a tablet. Continue reading “ASSISTED DYING – A SIMPLE CHOICE”

WARPED WELFARE WAILING

Contrary to what we are told by politicians and the media, the cost of welfare is not a major element among the issues that we face in achieving and sustaining the financial viability of Australia.

Currently, the crippling costs to the economy are –

Corporate handouts and concessions.

Tax Avoidance, particularly by multi-national corporations.

Negative Gearing.

The costs of Direct Action on the environment which should be paid by a tax on polluters.

Gross waste and inefficiency with Defence.

Superannuation tax havens.

A hugely bloated Public Service.

Enormous duplication costs between Federal, State and Local Governments.

The totally unnecessary costs of perpetuating racism at Nauru, Manus and Christmas Island

Added to these will be the proposed tax cuts which are based on the blatant lie that the benefits will trickle down from the rich to the poor. It never has and it never will.

Nevertheless, too many politicians have always believed that there are lots of votes to be won by belting citizens who are old, handicapped, unemployed or homeless. So, they commit perjury every day as they blatantly dig deep to reach the darkest elements of the voting public. Continue reading “WARPED WELFARE WAILING”

PENSION WITHOUT POLITICS

At Budget time every year, and at every election, Australia’s Age Pensioners take an unwarranted political and social pounding.

They are accused of being an intolerable burden on younger taxpayers who are concerned that most pensioners may be welfare cheats.

The cynical aspect of it all are that their accusers are mostly tax evaders who constantly cry out for more corporate welfare such as tax cuts, subsidies and low interest rates.

Nevertheless, the fact is that the Age Pension today amounts to a payout of 45 billion dollars a year, a figure that will double by 2030 as more Australians grow older and take a lot longer to die.

The question for us all is how we finance it without sending oldies to the gas chambers as some fascists would like to do.

We can start by taking an objective look at the current situation and work out how to turn it into a positive.

The Age Pension is indisputably inadequate, very close to the poverty line, and has been for a long time. Continue reading “PENSION WITHOUT POLITICS”

D-DAY FOR THE AGE PENSION

It is an indisputable fact that pensioners in Australia have been underpaid for more than a century. Nevertheless, little mention of it is being made in the Australian Election of 2016. In truth, there is a defining silence surrounding it for reasons that totally escape me.

Be this as it may, the time has come to correct this huge blot on the humanitarian record of our nation, particularly as a UN Report has stated that 50% of Australian Pensioners live on or below the poverty line. This is intolerable in a prosperous nation. Continue reading “D-DAY FOR THE AGE PENSION”

EVERALD’s ELECTION EDICT

We are two weeks into the 2016 Australian Election and I have waited in vain to hear any policies of vision and conviction from either the Coalition, the Opposition or the Greens that will stir my passion as a proud Australian who wants to build and expand the quality of our nation.

Sadly, I have stared at a barren waste.

Our politicians have missed the heart beat of the nation. They are talking to the old fashioned electorate of yesteryear that no long exists. Continue reading “EVERALD’s ELECTION EDICT”

2016 – Turnbull year of destiny

My holiday reading included a very readable book called Born to Rule, an unauthorised biography of Malcolm Turnbull by veteran journalist Paddy Manning. I enjoyed it immensely.

Paddy makes it clear he is not a Turnbull fan, but he treats the Prime Minister in as unbiased a manner as is possible in politics and journalism. However, it is interesting that, in the end, he acknowledges that Turnbull has what it takes to be a great leader of the nation if he conquers a few idiosyncrasies. Continue reading “2016 – Turnbull year of destiny”

Century of Age Pension guessing

Andrew Fisher and Alfred Deakin met at the Melbourne Club for lunch in 1908 to agree on legislation that would give Australians an Age Pension for the first time. The figure that they chose for the initial pension was the amount they reckoned the government could afford, not what pensioners actually needed.

Since then, every government has calculated the pension the same way. Its time for us to work out what it should actually be. The best way to do it will be to establish an independent Age Pension Authority and do it with a unanimous bipartisan vote of Parliament. Continue reading “Century of Age Pension guessing”

AUSTRALIA URGENTLY NEEDS A MINISTER FOR AGEING

When Tony Abbott became Prime Minister he made an extraordinary decision not to appoint a Minister for Ageing even though the entire planet faces a huge crisis in which the population is ageing faster than at any time in the history of humanity. Continue reading “AUSTRALIA URGENTLY NEEDS A MINISTER FOR AGEING”

Finding a role in a diminishing workforce

I am enjoying my ninth decade on the planet totally convinced that the enhanced prosperity of Australia depends on people of my age continuing in either full or part time employment. Continue reading “Finding a role in a diminishing workforce”

The Blueprint on Ageing is tackling tough economic & social issues.

Copy of my national media release dated 23 December 2013.

Everald Compton and his research partners at Per Capita will commence community consultations in early 2014 to seek public opinion on the key issues Australia must face in handling the economic and social impact of the ageing tsunami which will hit the world over the next quarter of a century.

Compton said today that some of the most controversial questions and issues are –

1. Should self-funded retirees pay income tax on the drawings from their superannuation fund? Unless this happens, Australia’s young taxpayers will bear an increasingly large taxation burden.

2. Will Australians accept laws which prescribe that neither the aged pension nor superannuation can be accessed before 70? This will become necessary as most people can be expected to live to 90.

3. Will the option of drawing superannuation as a lump sum need to be banned so that monthly drawings will last for at least 25 years?

4. Should the superannuation guarantee be increased to 15% immediately if retirement incomes are to last until age 85?

5. Should employees over 70 have access to workplace cover, if currently they don’t?

6. Age discrimination is rampant in the workplace with seniors being denied jobs for which they are well qualified. Governments are among the greatest discriminators. A huge change of attitude is needed.

7. Is it possible for seniors to be encouraged to train for a new occupation which brings them the vigour of a second life, thus ensuring that they will want to stay in the workforce until they are at least 80?

8. Will governments who want to sell real estate assets at maximum prices be willing to make land available at low cost for age friendly rental housing which is now in very short supply?

9. Can we encourage seniors not to go to doctors and hospitals unless it is absolutely necessary, while ensuring their health does not suffer, so that Medicare will not be bankrupted? This will require a major national campaign of preventative health.

10. Will venture capitalists invest in new recreation industries for seniors? Many may have up to 40 years of retirement in which they need to keep physically and mentally fit. Most will be willing to pay for interesting and challenging recreation.

11. Is the nation willing to invest many millions in research and treatment of all forms of dementia? It will become the world’s most prevalent ailment and the one most feared by the elderly.

12. Seniors provide most of Australia’s volunteers, but they want to undertake more interesting tasks than making the tea and providing transport. They want to use their life experience to give personal and practical help to people with social problems so long as professional groups and trade unions will allow it.

Everald Compton said “there are many more issues of ageing to be assessed and these cover important matters including but not limited to lifelong learning, carers, technology, nursing homes and travel insurance, but there are too many to cover in one statement, which is an indication of the gravity of the situation”.

Executive Director of Per Capita, David Hetherington, will call for expressions of interest in early 2014 from those wishing to take part in community consultations and have a direct input into these and other ageing issues. Consultations will be held in all capital cities and in a number of regional towns. There will also be provision for comments on the Per Capita website – http://www.percapita.org.au

The Report will be issued before 30 June, 2014, and will make specific policy recommendations to all three levels of government on all action needed now to enable Australia to turn the ageing tsunami into a community asset. Per Capita will then embark on a plan to follow up the report relentlessly until governments take action.

Everald Compton was one of the founding directors of National Seniors Australia in 1976 and was its Chairman for 25 years. He was appointed by Wayne Swan to be Chairman of the Federal Governments Panel on Positive Ageing but was sacked by Joe Hockey in November, 2011, as was the entire Panel. Per Capita, an eminent not for profit think tank, invited the Panel to join them to complete the Blueprint on Ageing using private funding. Panel members Brian Howe, Gill Lewin and Neville Roach joined Compton in this important task.

David Hetherington is a highly qualified and experienced researcher who is Executive Director of Per Capita.

….ends

Everald Compton is available for comment on 0407 721710

David Hetherington is available for comment on 0413 863068

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Thank you for your response. ✨

Positive winds in the Ageing Tsunami

That the world will be hit by an Ageing Tsunami of huge proportions is beyond doubt.

That governments are asleep at the wheel in planning to meet the greatest generational revolution of all time is also an indisputable fact.

To emphasise the gravity of the issue, it is mind boggling that the Australian Government does not have a Minister for Ageing and has sacked its Advisory Panel on Ageing in an act of sheer vandalism.

Added to all of the above is the tragedy that Ageing has several positive elements in it that provide opportunities and advantages for asset creation.

Let’s take a look at just five of them.

At least a million of Australia’s retirees would like to stay in the work force, or return to it, for a variety of positive reasons. A few examples of this are important matters such as their need to earn more money, contribute extra to their Super Fund, pay school fees for grandchildren, keep the brain active etc, etc.

But, absolute and unjustifiable discrimination by employers stops them in their tracks.

We can fix this by legislating that 10% of employees of any company employing more than 10 people must be older workers. This sounds like a regimentation of the workplace, but it is the only way that employers will face the fact that older workers are not over the hill and are needed if our economy is the remain prosperous. Indeed, they are reliable, loyal, trustworthy and experienced. They are profit generators and cost reducers for those who give them a fair go as they are highly unlikely to look for another job. This tough initiative will produce the benefit of adding billions to the economy every year.

Far too many seniors spend too much time visiting doctors and staying in hospitals. Most times they have no need to go, but they were bored, needed an outing and just want company. Many routine medical issues can be handled by qualified nurses, often online, at a huge saving in cost to Medicare. Most times, it will be found that better diet and more exercise would have fixed any health issues, so there are profits to be made in those two opportunities alone.

Lifelong learning can be a huge income generator for Universities and TAFE Colleges as many Seniors, in younger days, were denied the chance to get a degree or a diploma in any area of study, particularly women who, because of social pressure, were forced to be housewives only. Many now want to reverse that lost opportunity and they are willing to pay the costs of study to get a degree, even in their nineties. Some want to qualify for a profession. Others just want to prove they can do it and look for study courses that broaden their minds in a subject of special interest.

Recreation is an open door to the creation of a new service industry for older people. Every day, thousands of Seniors go on bus trips, often travelling to the same places. They get little exercise, sitting on buses for hours, and there is little educational content in the excursion.  Professionals who can design and create new forms of innovative and interesting recreation can make a fortune, particularly young people who can bridge the intergenerational gap.

Age Friendly Housing is almost non-existent in Australia. We build small houses for older people, but they lack features to help those with arthritis and heart conditions etc, while almost totally ignoring technology. The property industry is losing vast quantities of profit because they do not recognise that the world is ageing and needs new specialist housing in its millions.

There are many more opportunities than the five I have mentioned above that await the valiant out there in the greying world, eg, volunteering, particularly where seniors can use their skills rather than making the coffee and driving cars; a revolution in the way we grow and manage retirement incomes; starting a movement to retire and investing in rural communities etc.

All of these will be outlined in policy form in the Blueprint on Ageing on which I am working with the progressive Australian Think Tank, Per Capita. It will be ready in June ,2014, and you can register your support and interest on the Per Capita website.

After doing that, go to see your local Federal MP and ask him or her to recognise that ageing is expanding challenge of living and is not going away. It will be either an economic and social disaster or a time of great prosperity and high quality of life. It’s time for politicians to decide whether they are part of the problem or the solution.

The vital issue is that we must move on it now and make some sound decisions that will initially be unpopular but will prove to be long term triumphs.