Do Australian pensioners deserve more?

Cost of living is high but I've heard a lot of them waste it on the pokies. Also the government allows people with high level of assets to get pension because otherwise it gets silly eg You earn/have an extra $10 and you lose $10 in pension and you can't force the oldies to sell their $800 000 house they bought real cheap back in 1930 because its too difficult to readjust to somewhere else.

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