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  • 2 days ago
Hitting the streets around Sydney to see how this year’s budget helps or hinders Australia’s older population.

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00:00It's about time, frankly.
00:04I am a parent of Gen Xers, and my grandchildren are right in line for, you know, problems with home
00:11ownership and things like that.
00:14And I'm very glad to see that a start has been made to even things up.
00:21I have an investment property, which I believe the, I have to check this one out.
00:26I think the capital gains tax has changed, hasn't it?
00:30That's right.
00:30So I don't know at this point how much difference that will make.
00:33It will make a difference, but I mean, it's not a disaster.
00:36It's just going to make a difference.
00:38I think it's just unfair for young people because those, especially those ones who rent at the place, because they
00:45will expect some rises.
00:48You've got kids who are...
00:49Yes, I do. I do. I have a son.
00:51We cannot afford at that moment anything, you know, and he has to rent, and he's increasing every fuel.
01:00It's more and more and more.
01:03Everything.
01:03Are you found cost of living hard?
01:05No.
01:06I have an ambition to die with one dollar, and I'll fail miserably.
01:15Because I think it's a shame to die and leave an amount of money.
01:29I'm not working full time at the moment, so it's a bit of a struggle.
01:32That cost me 60-something dollars, yeah.
01:35Wow.
01:36And half that stuff was on special too.
01:39How are you finding the cost of everything?
01:41From the time I was born until now, the cost of living is very expensive.
01:47What's the biggest cost to you?
01:51The one that is common for everyone.
01:54Food.
01:55Food, yeah.
01:57Food.
01:58Food.
01:59Food.
02:00Food.
02:01Food.
02:02Food.
02:02Food.
02:02You
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