The change enacted by the government during the course of the 2006–07 financial year constitutes the largest overhaul of Australia's retirement saving system since the advent of the compulsory superannuation system in the late 80 and early 90s. This paper surveys the changes. While much of the superannuation system has remained unaltered by these changes...

We use the first three waves of the Household Income and Labour Dynamics in Australia (HILDA) Survey to examine the retirement plans of middle-aged workers (aged 45-55). Our results indicate that approximately two-thirds of men and more then half of women appear to be making standard retirement plans. At the same time, more than one...

When it comes to retirement, most boomers are neither lucky nor confident about their future. Myra Hamilton and Clive Hamilton report that there is a sharp divide between the retirement prospects of rich and poor boomers, with the 'lucky generation' tag being reserved for a small affluent minority.

The depiction of the baby boomers as the 'lucky generation' is wrong according to a report by Myra Hamilton and Clive Hamilton. There is a sharp divide between the retirement prospects of rich and poor boomers, with the 'lucky generation' tag being reserved for a small affluent minority. When it comes to retirement, most boomers...

The Retirement Villages Care Pilot has trialled the provision of flexible care packages into retirement villages in metropolitan, regional and rural locations across Australia. In this evaluation Cathy Hales, Lydia Ross and Claire Ryan found that RVCP packages deliver a more comprehensive range of services than Community Aged Care Packages, and are able to deliver...