Purpose, intent and adequacy of the Disability Support Pension

At the heart of this inquiry is the inaccessibility of the Disability Support Pension (DSP). People have difficulty demonstrating that their disability, or chronic illness, is permanent and sufficiently severe, and that they have a continuing inability to work. For those unable to demonstrate that...

Disability support pension: the impact of institutional abuse and neglect on people with disability

This report considers the systemic failures of the Disability Support Pension application and review processes and the harm caused to individuals with disability by their interaction with Centrelink. The report is also a submission to the Senate Inquiry on the purpose, intent and adequacy of...

Submission by the Whitlam Institute for the Inquiry into the purpose, intent and adequacy of the Disability Support Pension

This submission is based on evidence collected as part of the E. G. Whitlam Fellowship, undertaken by Louise St Guillaume, and presented to the Inquiry into the Adequacy of Newstart Allowance in 2019.
Working paper

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...
Media release

Supporting Australian workers and business

The Commonwealth Government has today released the second stage of its economic plan to cushion the economic impact of the coronavirus and help build a bridge to recovery. A total of $189 billion is being injected into the economy by all arms of Government in...

Newstart, poverty, disability and the National Disability Insurance Scheme

This research shows it is often an experience of poverty, with disability exacerbated by an inability to afford essential medical items or appointments or the need to meet obligations to retain Newstart.

Pensions at a glance 2019

This publication highlights the pension reforms undertaken by OECD countries over the last two years. This edition also updates information on the key features of pension provision in OECD countries and provides projections of retirement income for today’s workers. A summary of key findings for...

A review of gender differences in retirement income

Drawing on international and New Zealand research, the report identifies a range of possible determinants, mechanisms and indicators that could inform future gender analysis and policy reforms aimed at eliminating the gender pension gap.
Discussion paper

Investing in (and for) our future

This paper focuses on recommendations for policy-makers, sponsors of retirement plans and members of the asset management community that provide services to the retirement industry.

Resolution of disputes with financial service providers within the justice system

This inquiry explored the ability of consumers and small businesses to exercise their legal rights through the justice system, and whether there are fair, affordable and appropriate resolution processes to resolve disputes with financial service providers.
Working paper

Flexible pensions and labor force withdrawal

This paper studies the effect on the labor supply decisions of senior workers of reducing the eligibility age of retirement combined with actuarial neutrality, based on one particular group of private sector workers.
Policy report

Portable benefits: protecting people in the new world of work

This paper argues that, in the face of rapid labour market changes, Canada should consider introducing a portable benefits sytem.

Disability Support Pension — follow-on audit

The objective of this audit was to examine if Social Services and Human Services drive improvements in the Disability Support Pension program using data and information from multiple sources, including agreed Auditor-General and parliamentary committee recommendations.

Retirement income in Australia: Part II – Public support

In part two of this three-part research brief series, we focus on the public element of retirement income provision in Australia, primarily related to the Age Pension. This research brief discusses pension policy trends, the design of pension access, benefit level, and means testing, as...

Retirement income in Australia: Part I – Overview

The Australian retirement income system has been largely a success story. It ranks among the best in the world. It provides reasonable and improving retirement outcomes and remains sustainable despite population ageing, which in Australia is taking place at a slower pace than average. This...

'At what cost?' Indigenous Australians' experiences of applying for disability income support (Disability Support Pension)

This report examines the impact to Indigenous Australians in the community applying for the Disability Support Pension and service providers who ensure they have appropriate support and access to apply for the DSP. This report draws directly on data from interviews and focus groups conducted...

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.

Disability Support Pension: historical and projected trends

The Disability Support Pension (DSP) represents a large component of social security spending for the Australian government. This report examines the factors underlying the recent decline in DSP expenditure, highlighting the impacts of changes in government policy.

Housing and the social security system

Executive summary Housing affordability is a significant issue for low income households in receipt of social security payments. The social security system recognises the additional financial challenges that non-homeowners face in two ways: – providing Commonwealth Rent Assistance (CRA) to assist with the cost of...

The adequacy of the age pension in Australia: an assessment of pensioner living standards

This report examines the adequacy of the Age Pension both qualitatively, through focus groups and town meetings, and quantitatively, through analysis of social survey data. Methodology included quantitative analysis provided by the HILDA (Household Income and Labour Dynamics in Australia) survey which included 9,000 households...

The myths of the generational bargain

This paper looks at whether the share of income going to older Australians in the form of the pension is increasing, and examines the state of Australia’s generational bargain; asking is it fair and is it sustainable? Overview There has been a marked growth in...
Working paper

A survey of valuation issues for hybrid retirement income scheme products

So-called variable annuity products which provide certain guaranteed minimum benefits are popular in the United States and Europe but are only in their infancy in Australia. We consider hybrid products with minimum withdrawal rates guaranteed for a fixed term or for life and the financial...

Pensions at a glance 2015

Highlights the pension reforms undertaken by OECD and G20 countries over the last two years.

Pensions and superannuation: the need for change

Presents a proposal for making the pension universal (free of means test) and abolishing the tax concessions. Overview The Abbott Government, as part of its ‘budget repair’ efforts, wanted in the 2014 Budget to increase the pension age to 70 and to restrict pension indexation...