Then and Now

25 Jan 2013

2013-01-13 Then and now

This table was published in The Australian last week.  Further proof of the erosion in our entitlements:
Avg weekly wage in 1984 was $333.40 and in 2011 $1352.10 produces a factor of 4.055 which, if applied to my weekly retirement payment of $189.31 in
1982 would mean I should be getting $767.65 not the $558.50 I get.  

Not that we needed to be told eh?

Happy New Year to you all.  I hope that 2013 will treat us all kindly.

John Long