The Conversation

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

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

Grattan on Friday: How ‘guaranteed’ is a rise in the superannuation guarantee?

Written by Michelle Grattan, University of Canberra. Soon after the election Treasurer Frydenberg flagged there would be an inquiry into retirement incomes. Since then, no details have emerged. But there is gossip around Canberra there might be some action in the next couple of weeks on a review that would… Read More »Grattan on Friday: How ‘guaranteed’ is a rise in the superannuation guarantee?

Super shock: more compulsory super would make Middle Australia poorer, not richer

Written by Brendan Coates, Grattan Institute and Owain Emslie, Grattan Institute. Compulsory superannuation was sold to Australians on the basis that it would make us better off. But as the government prepares for an independent inquiry into retirement incomes, new Grattan Institute research finds that increasing compulsory contributions from 9.5%… Read More »Super shock: more compulsory super would make Middle Australia poorer, not richer

Myth busted. Boosting super would cost the budget more than it saved on age pensions

Written by Brendan Coates, Grattan Institute. It is often claimed that Australia’s superannuation system will ease the budgetary burden of an ageing population. It’s certainly the impression put about by those pushing for an increase in employers’ compulsory contributions from 9.5% to 12%. But new estimates suggest that for up… Read More »Myth busted. Boosting super would cost the budget more than it saved on age pensions

More people are retiring with high mortgage debts. The implications are huge

Written by Rachel Ong ViforJ, Curtin University and Gavin Wood, RMIT University. The number of mature age Australians carrying mortgage debt into retirement is soaring. And on average each mature age Australian with a mortgage debt owes much more relative to their income than 25 years ago. Microdata from the… Read More »More people are retiring with high mortgage debts. The implications are huge

At last, an answer to the $5 billion question: who gets the imputation cheques Labor will take away?

Written by Ben Phillips, Australian National University and Matthew Gray, Australian National University. Labor is banking on about A$5 billion per year from ending the cash payment of company tax refunds to dividend holders who don’t pay tax. It’ll exempt charities, non-profits, pensioners and part pensioners and other Australians on… Read More »At last, an answer to the $5 billion question: who gets the imputation cheques Labor will take away?