Population, participation and productivity. These are the ‘three Ps’ which feature in Australia’s intergenerational reports as the means to ameliorate the negative economic implications of an ageing society. The 2015 Intergenerational Report (IGR) invoked the three Ps as a means to resolve the government’s self-described ‘challenge of change’. The challenge of change narrative is based...

The Government must act to prevent excessive fees taking at least $40,000 from the superannuation accounts of millions of Australians at retirement. The report recommends that government reduce fees by running a tender to select superannuation funds to manage the accounts of more than nine million Australians who choose a default fund through their employer.

The paper develops a model to assess the saving and consumption responses of a representative household to a range of policy interventions such as changes in taxes and pension settings.

This paper analyses how strongly anticipated economic circumstances might impact on individuals retirement decisions. Abstract We estimate hazard rates of retirement entry as a function of the option value of work. The individuals’ expectations about the future economy are incorporated in the option value of work, through which they can impact on the timing of...

Humanity is ageing rapidly and is doing so at a far greater rate than at any time in history. Until this century, wars and disease caused many early deaths but thankfully the world has largely left these tragedies in the past. Yet we are now faced with a challenge to create a society that embraces...