Senator Jacqui Lambie, speaking on Q&A.
Senator Jacqui Lambie told Q&A that a third of Australian age pensioners are living below the poverty line and that it's estimated to rise to two-thirds within five years. Is that right?
Christian Porter is championing a new approach to the way welfare is distributed in Australia.
The proof of whether an investment approach to welfare actually does improve outcomes for the disadvantaged is still some years down the track.
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.
Older Australians choosing to downsize or access their home equity face tax penalties.
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The current system is causing inefficiencies in housing markets, but governments seem unwilling to act.
How possible will budget repair be?
Hoping for the best is not a budget management strategy: but Australia can set realistic goals.
Scott Morrison said the government’s changes to superannuation were done in the name of fairness.
The only problem with an appeal to fairness is there is no single understanding of what the word means.
Will Treasurer Scott Morrison revive the Ghosts of Budgets Past in this year’s budget speech?
Having made a commitment to reduce spending, the federal government will have its work cut out with this year's budget, which may require revisiting policy ideas that have caused it pain in the past.
At its peak in 1996, nearly 25% of Australia’s working-age population was receiving basic income support benefits.
What aspects of the government’s reforms succeeded in assisting people into employment? And did the reforms improve the population’s economic well-being? Or have they left some groups worse off?
The Age Pension eligibility age is headed for 70 in Australia.
Just 24% of those living in the poorest quarter of households support an increase in the Age Pension age.
By targeting pensioners with savings with its latest budget measures, the government is incentivising them to spend, and spend big.
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The government's inconsistent approach to pensioners who save is distorting behaviour, but there is a solution.
For every $1000 of assets the pension will be reduced by $3 a fortnight, under changes proposed in the federal budget.
AAP Image/Alan Porritt
The government has dropped plans to index age pensions to CPI and opted instead to tighten income and assets test. These are welcome changes but more needs to be done.
As expected, part-pensioners will be most affected by budget changes.
AAP Image/Melanie Foster
Part-pensioner couples who own their own home and assets worth more than about A$800,000 are expected to lose their part-pension altogether, under proposals in the federal budget.
Devoting time to looking after others can result in significant hidden costs to the carer.
If the 5.5 million unpaid carers didn't look after others – at the expense of careers and incomes – taxpayers would bear the costs, so as a community we should give carers a fairer deal in retirement.
The way pensions are indexed can have a significant impact on the end payment.
Australia's rising number of pensioners leaves the government conflicted on pensions and how they are indexed.
One in ten pensioners will live for 10 years or more beyond the average person.
The policy solution to the ageing population laid out in the Intergenerational Report benefits the better-off in the future over the less well-off today.
What is so wrong about aiming for self-sufficiency as you age?
We have now had four IGRs and they’ve all said pretty much the same thing. Time to tackle the age-old problem.
The three scenarios in Joe Hockey’s Intergenerational Report present very different pictures of the future budget situation.
The Intergenerational Report may actually be underestimating the scale of the budgetary challenges ahead.
There are a number of reform options to address the increase in spending on the Age Pension.
Nobody denies spending on the Age Pension is growing, but the Intergenerational Report concentrates on fiscal projections and ignores retirement outcomes.
The focus is shifting to how Australians access their super to fund retirement.
A good proportion of the Financial System Inquiry’s 460-page interim report is dedicated to a discussion of superannuation and, in particular, to making the financial system better at facilitating the…
Reverse mortgages can be risky for both borrowers and lenders.
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The Commission of Audit has recommended including homes above a certain value in the means test that determines who gets the age pension and how much. Under the proposal, homes valued in excess of A$500,000…