Morrison says retirement age will not move to 70

Australian Prime Minister Scott Morrison speaks during a visit to Youngcare House in Brisbane, Wednesday, September 5, 2018. (AAP Image/Dan Peled) NO ARCHIVING

Source: AAP

Welfare groups are welcoming Prime Minister Scott Morrison's decision to drop a plan to raise the retirement age to 70. And his Liberal Party colleagues are describing the move as "sensible" and "pragmatic." But some economists are warning tough decisions have to be made to cope with an ageing population.



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