A recent report by the Australian Institute of Superannuation Trustees raised concerns about the erosion of retirement income by ongoing rental or mortgage payments. The report by the Australian Institute of Superannuation Trustees is timely, given the Australian aged pension system is predicated on an assumption of outright home-ownership. Yet increasing numbers of people are...

An efficient superannuation system is critical to help Australia meet the economic and fiscal challenges of an ageing population. The superannuation system has accumulated over $2 trillion in assets. Given the system’s size and growth, the system is of central importance to funding the economy and delivering retirement incomes. MySuper has been a strong step...

This report shows that Australia’s overall home ownership rate has been declining gradually over the past fifty years, and more rapidly since the turn of the century; and that the decline in the overall home ownership rate conceals much sharper declines both in the rate of outright (that is, debt-free) home ownership and in the...

The Victorian government’s announcement of an early retirement scheme aimed at redeploying some workers (losing their jobs due to the Hazelwood power station closure) to another power generator in the Latrobe Valley has been welcomed in many quarters. The early retirement approach to large-scale job losses is not new.

Victoria’s population is ageing and causing significant growth in demand for retirement housing. At the same time, residents have heightened expectations about the services that will be delivered. This creates a range of challenges for government and industry, and also prompted significant public interest in this Inquiry. It’s important for the Victorian Government to ensure...