Business models, consumer experiences and regulation of retirement villages
This research looks at the appeal, benefits and disadvantages of living in retirement villages, as well as at the business models employed and how the Australian government can help the sector to expand.
Better later life: action plan 2021 to 2024
This document is the New Zealand Government’s strategy for making the future better for older New Zealanders. It summarises the actions that central government agencies will deliver to support Better Later Life in the period 2021 to 2024.
Diversity in housing experiences and their correlates for New Zealand adults aged 75+ and 65-74 years
This report considered the housing situation of New Zealanders aged 65–74 and 75 years plus using data from the Health, Work and Retirement longitudinal study.
COVID-19 and retirement: impact and policy responses
Some of the impacts of COVID-19 will mostly affect today’s retirees, such as the safety of elderly institutions, while low interest rates will impact both today’s retirees and those who have yet to leave the labor market. This paper discusses the ways these social and...
Retirement, social support and mental wellbeing: a couple-level analysis
There has been little research on whether and how social support may evolve around retirement. This paper provides novel evidence on the evolution of social support during own and spouse’s retirement, and its moderating effect on mental wellbeing.
Does retirement lead to life satisfaction? Causal evidence from Fixed Effect Instrumental Variable models
This paper presents robust evidence that retirement causally improves overall life satisfaction which is subsequently explained by improvements in satisfaction with one’s financial situation, free time, health, and participation in local community activities.
How people react to pension risk
This paper shows that people exposed to greater pension risk are less likely to invest in risky assets. The authors exploit a reform that links people’s future pension benefits to their pension funds’ funding ratio—a measure of the fund’s financial health—making funding ratios a fund-specific...
Retirement Income Review: consultation paper
This consultation paper outlines some of the issues the review panel will be considering and is intended as a guide to those making a submission. The panel welcomes contributions and invites submissions from the Australian community on the issues and material it should examine, as...
Mortgage stress and precarious home ownership: implications for older Australians
This research investigated the growing numbers of middle-aged and older Australians who are carrying mortgage debt into retirement and paying off higher levels of debt relative to house values and income. Between 1987 and 2015, mortgage debt among older mortgagors increased by 600% (from $27,000...
Retirement villages - exit entitlements and recurrent charges cap: discussion paper
This discussion paper outlines reforms to address exit entitlements and recurrent charges in retirement villages.
Millennials and super: the case for voluntary superannuation
This paper explores young people's savings patterns and expected future superannuation balances, and seeks to answer the question of whether superannuation is a good deal for millennials.
Your rights at retirement: a guide to making decisions and navigating your entitlements in later life
This resource has been prepared to help older Australians navigate the different phases of ageing. It can be used as a reference guide to check on a particular topic, or it can be read chapter by chapter to get a snapshot of the services and...
Our health, our wealth: the impact of ill health on retirement savings in Australia
Some Australian workers are forced into early retirement as a result of unforeseen illnesses. For these Australians, early retirement decreases their superannuation balances, their long-term wealth and the quality of their retirement over the long-term.
What dividend imputation means for retirement savers
A stochastic life-cycle model is used in this report to examine the implications for Australian retirees of full access to dividend imputation credits. We find that the availability of imputation credits can justify a significant bias towards Australian equities in retirement portfolios, largely at the...
Retiring into poverty
This document outlines the issues facing older women living in housing insecurity or homelessness and identifies needed changes to policies and programs.
Australian government response to the Senate Economics References Committee report: ‘A husband is not a retirement plan’: Achieving economic security for women in retirement
In this government response document, the Australian government asserts that it is committed to women’s economic empowerment by ensuring workplace diversity and flexibility, flexible and affordable child care, increasing the incentives for women to work, and getting women into the jobs of the future.
Pathways to housing tax reform
This research is the final report of the AHURI inquiry into ‘Pathways to Housing Tax Reform in Australia.’ It features real-world modelling and implementation time frames to steer tax settings that progress the efficiency, equity and sustainability of housing tax policy, and also presents meaningful...
Asset portfolio retirement decisions: the role of the tax and transfer system
This report examines how the rules embedded in the tax and transfer system, especially in relation to the age pension, may impact on household choices.
Measuring up? International indices of ageing
This fact sheet examines some of the most notable ageing indices, their stated purposes, methodologies and results.
The consequences of wage suppression for Australia’s superannuation system
This report from the Centre for Future Work simulates the impacts of eight specific wage suppression strategies on workers’ superannuation balances – ranging from temporary wage freezes, to wage caps, to more dramatic actions.
Retirement housing in Victoria: working together - resident protections and industry viability
Presents the outcomes of a forum of resident advocacy groups, universities, industry, ombudsman schemes, government agencies and regulators on the future of retirement housing regulation in Victoria.
Not so super, for women: superannuation and women’s retirement outcomes
This new research shows that women’s average superannuation balances at retirement are less than half of men’s.
Retirement income streams review
This report reviews both the minimum withdrawal amounts for account-based pensions and the regulatory barriers currently restricting ‘the availability of relevant and appropriate income stream products in the Australian market’.
Social impact investment can help retirees get the housing and care they need
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...
Superannuation: alternative default models - draft report
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...