Superannuation
Alternative labels
Super funds
Report
The age old problem of old age: fixing the pension
This report argues that reforming the pension could deliver income gains of more than $5,900 a year to almost 98% of pensioners. These reforms would also reduce the cost of the pension by $14.5 billion a year. Executive summary
Policy
Labor's fairer super plan
Labor is committed to ensuring the sustainability of the retirement income system in a way that delivers fairness and enables Australians to maintain a comfortable standard of living in retirement. Tax concessions (forgone revenue) are an important part of the superannuation system, as they encourage people to contribute funding and preserve these savings until their...
Report
Super savings
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.
Report
Right or rort? Dissecting Australia’s tax concessions
This paper argues that criticism of tax concessions has lost sight of the legitimate reasons for many of them. Overview While action is needed to correct structural budget deficits, the criticism of tax concessions has lost sight of the legitimate reasons for many of them, and often overestimates the revenue gain. On the whole, the...
Report
Superannuation and high account balances
This paper analyses data from both the Australian Taxation Office (ATO) and Australian Bureau of Statistics (ABS) to inform the debate about the tax treatment of superannuation, and particularly when it comes to relatively high superannuation balances.