Superannuation
Alternative labels
Super funds
Statistics
Briefing note: tax concessions by age
The Australia Institute has released data from modelling commissioned from NATSEM together with ATO statistics which show that young Australians are receiving little benefit from three of the budget’s most expensive tax concessions. The research shows Australians under 30 years of age receive only 6.4% of the combined tax concessions on superannuation, the capital gains...
Report
Burned: how superannuation funds have lost billions on fossil fuels
The fossil fuel industry is causing massive environmental damage and driving climate change. People are inadvertently supporting the fossil fuel industry through the investment decisions of their super funds, the custodians of their retirement savings. Many super funds have recognised the dangers of climate change, as well as the risks it poses to fossil fuel-related...
Report
Super tax targeting
Better targeting of superannuation contributions tax breaks could save the budget $3.9 billion a year, argues this report. Summary Tax breaks for superannuation contributions and earnings should be targeted more tightly at their policy purpose. The current system is expensive and unfair.
Fact sheet
Fact Check: Was superannuation designed to get people off the pension?
Assistant Treasurer Kelly O'Dwyer claims Australia's superannuation system "was set up to be an alternative to the aged pension so that people didn't have to rely upon the aged pension or even the part pension".
Working paper
Superannuation tax concessions and the age pension: a principled approach to savings taxation
This paper discusses the tax and transfer treatment of private superannuation retirement saving and the public means tested age pension in Australia, and concludes that a more coherent retirement tax and transfer system can be achieved by reducing tax concessions and making the age pension means test less harsh.