Upcoming interest rate rises not a done deal?

[bvbfan]

Latest reports suggest that the pension will run out in about 2045. So it will be generation "X"ers that will be forced to save for their retirement, hence the advent of the super fund and co-contributions. So not only will you have a house to live in but a pension to sustain your life-span.

Well I'll be surprized if the pension lasts that long, by 2025 I reckon it will be gone or to the point where no one other than those with a disability will be getting it