Review of Retirement Income System

The Government has announced a Review of the Retirement Income System – including the Age Pension, compulsory superannuation and voluntary savings – to report by June 2020.

False narratives risk undermining the superannuation system

A senior member of the superannuation industry has warned that the retirement income system risks being undermined. Association of Superannuation Funds of Australia (ASFA) CEO Dr Martin Fahy told the ASFA conference that “superannuation is currently in the grip of a contagious false narrative which risks undermining the retirement outcomes… Read More »False narratives risk undermining the superannuation system

Vital signs. Our compulsory super system is broken. We ought to axe it, or completely reform it

Written by Richard Holden, UNSW. The just-announced inquiry into Australia’s retirement income system ought to be anything but run-of-the-mill. Taking place 25 years after the introduction of compulsory superannuation, it provides an opportunity to either fix a broken system, or discard it as failed experiment. Incremental reform won’t work. There’s… Read More »Vital signs. Our compulsory super system is broken. We ought to axe it, or completely reform it

Postcode by postcode: a clever way to include homes in the age pension assets test

Written by Anthony Asher, UNSW. Here’s the boldest idea the government’s inquiry into retirement incomes should consider but might not: no longer exempting all of the value of each retiree’s home from the pension assets test. The test would merely exempt part of the value of retirees’ homes. The change… Read More »Postcode by postcode: a clever way to include homes in the age pension assets test

Lower income earner view should be on Retirement Income Review panel

The Australian Council of Social Service (ACOSS) is calling for an expansion of the Review of the Retirement Income System panel to include someone with expertise about the needs of people on lower incomes. “While ACOSS welcomes the review, the panel does not include expertise from community organisations representing and… Read More »Lower income earner view should be on Retirement Income Review panel

5 questions about superannuation the government’s new inquiry will need to ask

Written by Peter Martin, Crawford School of Public Policy, Australian National University. The government’s new retirement incomes review will need to work quickly. On Friday Treasurer Josh Frydenberg said he expected a final report by June, just seven months after the issues paper he wants it to deliver by November.… Read More »5 questions about superannuation the government’s new inquiry will need to ask

Ralston to stay on Review of Retirement Income System panel: PM

The Prime Minister has defended the appointment of Professor Ralston to the Review of the Retirement Income System panel, following calls for the appointment to be reconsidered due to concerns about the Government’s intentions around superannuation. Professor Deborah Ralston was announced as one of the three panel members for the… Read More »Ralston to stay on Review of Retirement Income System panel: PM

Government ruling out changes from Review of Retirement Income System

The Government is already ruling out changes from the Review of the Retirement Income System, including on superannuation and the Age Pension. Late last week the Government released the Terms of Reference for the Review of Retirement Income, the first holistic review of the retirement system since compulsory superannuation. But… Read More »Government ruling out changes from Review of Retirement Income System