The latest Intergenerational Report shows Australia less old than it was going to be, but poorer. And eventually needing to pay more tax.
- Senior Research Associate, International Centre for Future Health Systems, UNSW, UNSW
A lot would need to go right for reality to turn out as good as the projections in the Treasurer’s intergenerational report.
Part of the solution might be a Medicare-style levy.
Josh Frydenberg’s review of the retirement income system will have to consider the growing hole caused by our decisions to delay buying homes for longer and longer.
If you rent, you are highly likely to live in poverty in retirement. If you own your own home the pension and super will probably be enough for you.
Amid concerns about their quality of care, aged care providers are getting bigger or getting out.
The pension age won’t climb to 70 after all. What was it all about?
The ingredients for a good old age differ, not just because of where you live, but also depending on your income.
Labor’s Jenny Macklin said that under a Coalition proposal, Australia would have the highest pension age in the developed world. Is that right?
Senator Jacqui Lambie told Q&A that a third of Australian age pensioners are living below the poverty line and that it’s estimated to rise to two-thirds within five years. Is that right?
In a system where the age pension is designed to be needs-based, a strong asset test seems like an appropriate tax on the practice of bequeathing assets like superannuation to the next generation.
Part-pensioner couples who own their own home and assets worth more than about A$800,000 are expected to lose their part-pension altogether, under proposals in the federal budget.
Nobody denies spending on the Age Pension is growing, but the Intergenerational Report concentrates on fiscal projections and ignores retirement outcomes.
A good proportion of the Financial System Inquiry’s 460-page interim report is dedicated to a discussion of superannuation and, in particular, to making the financial system better at facilitating the…
Australian Treasurer Joe Hockey has confirmed the pension age will rise to 70 by 2035, meaning all Australians currently aged under 50 will be affected. It follows a recommendation from the Commission…
The Federal Government only took a few hours to quash suggestions made by the Productivity Commission on Friday to lift the retirement age. But while the Commission’s report is based on research that’s…
**A more sustainable Australia* As we hit the half-way mark of the 2013 election campaign, we’ve asked academics to look at some of the long-term issues affecting Australia – the issues that will shape…
Positive sex discrimination, if it occurs at all, tends to be implemented through recruitment quotas to senior positions or boards. Rarely does it take the form of higher remuneration. Yet, financial services…
Welcome to Shades of Grey, a series from The Conversation that examines the challenges posed by Australia’s ageing workforce. Today, Rafal Chomik, a Senior Research Fellow at UNSW’s ARC Centre of Excellence…
AUSTRALIA BY NUMBERS: The Australian Bureau of Statistics has released the first batch of its census data. We’ve asked some of the country’s top demographers and statisticians to crunch the numbers on…
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