The super challenge of retirement income policy



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On 1 September 2015, CEDA released a policy perspective, The super challenge of retirement income policy, which examines the economic impacts of Australia's ageing population and decreasing housing affordability.
                          

Australia's three-pillar approach to retirement income is internationally well regarded. However, many Australians currently approaching retirement face potential poverty, especially if they do not own their own homes.

Australia's aged dependency ratio (the number of people over 65 for every working-age person 15 to 64) is expected to double over the next 40 years, and the Australian Government recognises that current arrangements are fiscally unsustainable.

In this policy perspective, The super challenge of retirement income policy, CEDA examines:

  • A history of government support for retirement in Australia;
  • Market failure and the retirement income system;
  • Alternatives to the current retirement income system; and
  • Living income- and asset-poor in retirement

Download the report - The super challenge of retirement income policy

Read the media release -  CEDA retirement report: pre-tax mortgage payments or super for home purchases, options in policy rethink

Chapters and authors

Chapter 1: Historical development and recent reforms

Dr Dianna Warren, Research Fellow, Australia Institute of Family Studies

Chapter 2: Fixing the superannuation policy mess

Professor Stephen King, Professor of Economics and co-director of the Business Policy Forum at Monash University

Dr Rodney Maddock, Adjunct Professor in Economics, Monash University; Vice Chancellor's Fellow, Victoria University

Chapter 3: Australia's retirement system. How does it stack up? How can we improve it?

Dr David Knox, Senior Partner, Mercer

Chapter 4: Living income- and asset-poor in retirement

Dr Judith Yates, Associate Professor, School of Economics

Report launch and events

The super challenge of retirement income policy
1 September 2015
Sydney

The super challenge of retirement income policy
1 September 2015
Adelaide

Redefining Australia's retirement income policy
3 September 2015
Melbourne

Funding Australia's retirement
4 September 2015
Perth

Funding retirement
17 September 2015
Brisbane

 

 

Our recent publications

In November 2015, CEDA will release a report on international connectedness. Other CEDA reports for 2015 included a policy perspective on entrenched disadvantage in Australia launched in April and a major research report on Australia's future workforce launched in June.

Australia's future workforce?

(June 2015)

Addressing entrenched disadvantage in Australia

(April 2015)

CEDA's Top Ten Speeches: Women in Leadership 2010 - 2015

(March 2015)

A Federation for the 21st Century

(October 2014)   

Australia's Brisbane Summit challenge: Securing G20's future

(August 2014)

The Economics of Climate Change

(June 2014)