THREE DECADES AGO a Labor-led Government wound up a national fund, financed from a tax levy, which would have assured Australian pensioners of a liveable pension income, virtually forever.

THE BIG LIE: THE AGE PENSION IS NOT WELFARE! (EVEN THOUGH THE MAJOR PARTIES SAY IT IS) The major political parties insist that the age pension is welfare and must be reduced in its amount and availability. This is because governments have spent so much money and run up such huge...