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Analysis and Comment (11)

Older workers are already working longer; but the debate around paying for the Age Pension has only just begun. Older workers are already working longer; but the debate around paying for the Age Pension has only just begun. Eric Yen/Flickr

Age Pension debate makes clear: adequate super is pivotal

Talk about increasing the Age Pension eligibility age to 70 has generated a lot of anxiety and indignation. What seems to be going unnoticed in all the hype is that we have just experienced a round of…
Having enough money for retirement will take more super contributions than most Australians are making. Having enough money for retirement will take more super contributions than most Australians are making. Shutterstock

Why Australians don’t make extra super contributions

Australians are increasingly relying on superannuation for their retirement income, but despite more than 20 years of compulsory super, many people are not retiring with enough. The assets under management…
Retirement incomes will leave many short, especially single people. Retirement incomes will leave many short, especially single people. Image sourced from www.shutterstock.com

The majority of Australians are not saving enough for retirement

Only 53% of couples and 22% of single people are on track to achieve a comfortable level of retirement income, according to an in-depth study of the adequacy of retirement savings. The outcome of a collaboration…
Redundancies at Holden highlight the fact that around three quarters of those retiring early do so involuntarily. Redundancies at Holden highlight the fact that around three quarters of those retiring early do so involuntarily. Julian Smith/AAP

Holden, retirement ages and the myth of choice

Holden’s move to withdraw from Australian manufacturing draws attention to the significant problem of involuntary retirement in Australia. While the official retirement age is 65 years, there are many…
Dealing with an ageing population and workforce has been a concern for some years, with Tony Abbott promising changes to make it easier for older workers to find employment. Dealing with an ageing population and workforce has been a concern for some years, with Tony Abbott promising changes to make it easier for older workers to find employment. AAP/Paul Miller

Australia is ageing, but is lifting the retirement age inevitable?

The Federal Government only took a few hours to quash suggestions made by the Productivity Commission on Friday to lift the retirement age. But while the Commission’s report is based on research that’s…
It’s time for the government to rethink its stance on superannuation guarantee contributions. It’s time for the government to rethink its stance on superannuation guarantee contributions. AAP

Increasing the super contribution rate is a second-rate solution

Australia’s approach to retirement incomes policy has three pillars. The first pillar is the means-tested age pension, which dates from 1909, and is intended to provide a safety net should the other pillars…
A quarter of retirees are using their superannuation lump sum to pay off debt: is this poor planning or the result of tax incentives? A quarter of retirees are using their superannuation lump sum to pay off debt: is this poor planning or the result of tax incentives?

For retirees, nothing is certain but debt and taxes

Will extra debt neutralise increases in the superannuation contribution rate? Studies of retirees’ financial positions show that many people accumulate debt faster than they add to their super. Once they…
Many older people already want to work longer but encounter barriers to doing so. Many older people already want to work longer but encounter barriers to doing so. Image from www.shutterstock.com

It’s time to redefine the traditional working age

Welcome to Shades of Grey, a series from The Conversation that examines the challenges posed by Australia’s ageing workforce. Today, Rafal Chomik, a Senior Research Fellow at UNSW’s ARC Centre of Excellence…
There’s little proof that the transition to retirement has a significant impact on mental health. There’s little proof that the transition to retirement has a significant impact on mental health. petruzzophoto

Retirement: a trigger for distress or welcome relief from the rat race?

Welcome to Shades of Grey, a series from The Conversation that examines the challenges posed by Australia’s ageing workforce. Today, Australian National University’s Sarah Olesen and Peter Butterworth…
Maintaining workforce participation in older workers has some benefits, but current labour trends are “age unfriendly”. Maintaining workforce participation in older workers has some benefits, but current labour trends are “age unfriendly”. Image from www.shutterstock.com

There’s no silver bullet solution to Australia’s ageing workforce

Welcome to Shades of Grey, a series from The Conversation that examines the challenges posed by Australia’s ageing workforce, Today, Monash University’s Veronica Sheen looks at the sustainability of older…
An emphasis on longer working lives should be a policy aspiration, rather than an ideological straitjacket. An emphasis on longer working lives should be a policy aspiration, rather than an ideological straitjacket. Image from www.shutterstock.com

Active ageing is a risky labour market policy

Welcome to Shades of Grey, a series from The Conversation that examines the challenges posed by Australia’s ageing workforce. Today, Monash University’s Philip Taylor looks at the costs and benefits of…

Research and News (1)

Research Briefs (4)

Retirement can be bad for your health

Retirement can be detrimental to both mental and physical health, according to researchers at the Institute of Economic Affairs…