Many seniors pay less than younger workers on the same income as a result of special tax breaks for seniors.
The federal government could save about A$1 billion a year by changing three unfair tax breaks for older Australians, a new report says.
The super system provides very little support to low-income earners in the bottom 10% of taxpayers.
Super is the wrong tool to provide an adequate support in retirement for low-income earners. Our research shows top-up measures to help this group are poorly targeted and too expensive.
Super accounts for only a small proportion of the wealth of most Australians.
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Current super policy is compelling people to save for a higher living standard in retirement than they enjoy during their working lives.
In a week marking the first anniversary of Malcolm Turnbull's prime ministership, the government was able to show it could work with the new parliament.
The government needs to tot up more wins, and quite quickly – and not just on budget matters but on other issues too.
Finally – though who knows for how long – we see signs of the Turnbull government pulling up its socks.
The changes to the cap on non-concessional contributions is one of the features of the latest superannuation reform proposals.
The Coalition has reached a compromise to get its superannuation reform past its own party, but the changes will make it harder for women and older workers.
Generous superannuation tax breaks for the rich are creating inequality, analysis shows.
Both the government and opposition's proposed reforms to the superannuation system will target generous tax breaks given mostly to wealthy retirees.
In the first sitting of the new parliament, conservatives within the government have muscled a proposed amendment to the Racial Discrimination Act onto the agenda.
Tony Abbott has set out what amounted to a series of benchmarks for the Turnbull government.
Tony Abbott has exhorted the government to stand up for reform and avoid new spending that does not promote growth.
Scott Morrison said Australia has an earnings problem.
Federal treasurer Scott Morrison’s diagnosis of the risks and challenges confronting the Australian economy is hard to fault. But tackling those problems will require flexibility from the government.
Labor leader Bill Shorten has shown, with the announcement of the party’s super plan, that he’s willing to cooperate with the government on some measures.
Labor's superannuation plan shows some promise for budget repair, if the two parties can compromise where it counts.
Bill Shorten stepped up his attack on the Coalition’s proposed plebiscite on same-sex marriage.
Bill Shorten has proposed specific changes to the budget's controversial superannuation reforms, which have been under attack from the conservatives in the Coalition ranks.
Research shows that poor and wealthy retirees spend about the same during their retirement.
Giving rich households superannuation concessions is not justified according to new research which says these retirees spend as much as their poorer counterparts.
Malcolm Turnbull said on Friday that changing Section 18C of the Racial Discrimination Act ‘was not a priority’.
Malcolm Turnbull’s rhetoric this week has been designed to put the heat on Labor over budget repair. But he has three grassfires on his hands even before the new parliament starts on August 30 – and they’re…
We need to embrace new ways of thinking for strategies to effectively tackle the disadvantage accumulated over a woman’s lifespan.
Australia lags behind most other developed countries when it comes to the economic and social well-being of people over 60. And the numbers are even more alarming for women.
Greater efficiency does not necessarily flow from greater competition.
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Competition between super funds should drive innovation and efficiency, not be an ideological tool.
The long-awaited look into super is happening.
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The Productivity Commission has set in train a comprehensive evaluation of how super works.
HILDA data shows superannuation will soon overtake the family home as the major asset owned by Australians.
Superannuation changes are sorely needed because recent data shows only a small number of wealthy Australians are accumulating wealth through it.
Labor begins its next phase in opposition with bigger numbers in the parliament and with a new level of confidence as it confronts the government.
How possible will budget repair be?
Hoping for the best is not a budget management strategy: but Australia can set realistic goals.