It has been revealed NSW Labor have launched a cost of living attack on north coast seniors as was revealed in Labor’s budget impact statement released on Monday.

Member for Myall Lakes Stephen Bromhead condemned Labor for the unprecedented attack, which unfairly targets seniors and retirees with a new tax on retirement villages, increased emergency services levy and scrapping plans for a Regional Senior Travel Card, to name a few.

“Increasing the cost of living for seniors is just plain wrong and needs to be stopped,” Mr Bromhead said.

“We should be looking for more ways to ease the cost of living for retirees, not more ways to steal the pennies from their purse.

“Labor has hidden these charges and taxes from the public in the hope that they won’t notice, it’s disgusting and shameful.”

Mr Bromhead said the increased cost of living measures Labor plans to impose include:

  • Retirement Village Tax – a new levy on retirement villages
  • Increasing Emergency Services Levy – on home and contents insurance
  • Strata Tax – a levy on strata and community schemes
  • Scrapping the Electricity Rebate – $200 out of pocket for self-funded retirees
  • Scrapping plans for the Regional Seniors Travel Card – $250 no longer available to seniors for travel

“I will not stand by and allow Labor to disguise and implement this attack on our seniors,” Mr Bromhead said.

“Labor are planning to maintain a budget surplus by taxing seniors and scrapping $3 billion worth of infrastructure projects – it makes me sick to the stomach.

“These are people who have worked hard and paid taxes all their life, now they are faced with a complete erosion of their lifestyle by the greedy Labor party.”

NSW Treasurer Dominic Perrottet said Labor’s surpluses were built off the back of working families.

“There are only two certainties in life – death and more taxes by the Labor party. Labor’s view of the economy can be summed up in a few short phrases: If it moves, tax it. If it keeps moving, tax it further. And if it stops moving, tax it again.”