Articles on Superannuation

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Frydgenberg commits to remaining royal commission recommendations requiring legislation to be introduced by the end of 2020. Mick Tsikas/AAP

Frydenberg outlines financial sector reform timetable

"The need for change is undeniable," says Treasurer Josh Frydenberg, issuing a timetable for dealing with recommendations from the royal commission into banking, superannuation and financial services.
The avocado latte is indeed a thing, but young Australians are spending less on luxuries than they used to, while older Australians are spending more. Shutterstock

For the first time in a long time, we’re setting up a generation to be worse off than the one before it

A new Grattan Institute study finds that for the first time in a long time, young Australians are no better off than those who came before, and are likely to do worse.
Failure to further strengthen the compulsory super system would be disadvantageous to many future retirees and be an added burden on a later generation of taxpayers. Shutterstock

Grattan on Friday: How ‘guaranteed’ is a rise in the superannuation guarantee?

Liberal senator Andrew Bragg is one of the Coalition backbenchers who oppose the scheduled superannuation guarantee rise to 12%. They are looking to the retirement incomes inquiry to leverage change.
Morrison has trouble keeping his backbenchers in line, as they rebel on issues like superannuation and Newstart. Mick Tsikas/AAP

Grattan on Friday: Morrison finds some cats defy herding

This week, Morrison told his backbench to keep their opinions in line or internal, appointed a man he's personally close to as his new head of the Prime Minister's department, and put the public service in its place.
Former Labor prime minister Paul Keating, the father of Australia’s compulsory superannuation system, with former prime minister Julia Gillard at Labor leader Bill Shorten’s campaign launch in 2016. Mick Tsikas/AAP

Frydenberg should call a no-holds-barred inquiry into superannuation, now, because Labor won’t

A full throated inquiry into superannuation and whether we need more could be the last best thing the Coalition does.

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