Put family home in aged pension assets test: former commission of audit chief Tony Shepherd

Businessman Tony Shepherd says the family home should be included in the assets test to qualify for the aged pension. 

The former Business Council president chaired a national commission of audit for Tony Abbott's government back in 2013 and recommended dramatic belt-tightening - including a higher pension age of 70 by 2053. 

Mr Shepherd has supported Scott Morrison's backdown on the higher retirement age but still thinks still thinks the aged pension is unsustainable and a burden for future generations.

Tony Shepherd spoke with me this morning on AM