Robert Breunig, Crawford School of Public Policy, Australian National University and Kristen Sobeck, Crawford School of Public Policy, Australian National University
A leading-edge study conducted for the Retirement Incomes Review used Tax Office data to examine what happened to wages after firms paid more super.
The groundbreaking legal case has changed the game for how Australia’s $3 trillion superannuation industry invests, and how members are protected from climate risk.
Peter Varela, Crawford School of Public Policy, Australian National University; Kristen Sobeck, Crawford School of Public Policy, Australian National University, and Robert Breunig, Crawford School of Public Policy, Australian National University
We give the biggest concessions to those least likely to need persuasion to save well.
Our super funds could have cleaned up when the market crashed 40% and then rebounded by about as much. That they didn’t says a lot about how hard it is to time trades.
At the margin, more compulsory super will mean less equity in homes and more borrowing for homes. Australia already has one of the world’s highest household debt ratios.
It is normally a bad idea to let super funds borrow, but these aren’t normal times. There’s a (limited) case for allowing them to borrow from the Reserve Bank.
Robert Breunig, Crawford School of Public Policy, Australian National University and Tristram Sainsbury, Crawford School of Public Policy, Australian National University
The unintended loophole allows some people to keep their income and cut the tax rate on some of it to 15%.