Superannuation

articles 1 to 20 of 75

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

Missed opportunities on coherent pension policy reform

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.
Treasury Secretary John Fraser now has plenty of company in calling for a ‘fundamental rethink’ of retirement income policy. AAP/Lukas Coch

Time to listen to the evidence for a rethink of super tax concessions

Over the last six months a public consensus has emerged among academics, think tanks, community organisations, elements of the superannuation industry and most politicians about superannuation.
Research has found when super funds share the same directors, fund performance can suffer. Image sourced from Shutterstock.com

Super connected directors not helping super fund performance

Super funds are being asked to improve board governance, and their starting point should be to consider stamping out multiple directorships.
Bill Shorten has revealed a Labor plan to remove the tax-free concession available to people with high annual superannuation incomes. AAP/Rebecca Le May

Shorten’s superannuation policy to hit accounts over $1.5 million

A Labor government would crack down on the superannuation tax breaks enjoyed by high income earners, raising more than $14 billion over ten years, under a policy released by Bill Shorten on Tuesday.
Devoting time to looking after others can result in significant hidden costs to the carer. Shutterstock/Goodluz

Carers deserve more credit in the retirement incomes debate

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.
Allowing people to raid their superannuation early is likely to have significant unintended consequences. Image sourced from shutterstock.com

We need to talk about super, not just first home buyers

Australia's retirement income system is unsustainable, and there seems little political appetite to tackle the big issues.
Can everyone be a winner from comprehensive tax reform? Image sourced from Shutterstock.com

Tax reform - can we ALL win?

Just what are the issues we need to watch when it comes to tax reform? Read this explainer.
A closer analysis of ‘generation war’ debates reveals that inequalities within generations remain far more significant than those between them. shutterstock

Generational war: a monster of our own making

The political debate over generational equity, which has been rekindled in the past week, now dominates discussions over wealth, government spending and fiscal sustainability. But a closer look at some…
The Financial System Inquiry says the purpose of superannuation is to provide a retirement income that can substitute or supplement the age pension. Lukas Coch/AAP

Murray pushes for fewer super tax breaks but change is unlikely

David Murray’s Financial System Inquiry may call for the removal of superannuation tax breaks but the government’s tax discussion paper, due to be released next week, is unlikely to advocate similar changes…
Big nest egg or small: shouldn’t super fund trustees meet the same professional standards as individual financial planners? Image sourced from www.shutterstock.com

Murray pinpoints inconsistency on financial advice and super trustees

Finally, Financial System Inquiry chairman, David Murray, has brought some consistency into two hot debates running in finance. Parliament, financial media commentators and a whole range of vested interests…
Australia’s children and grandchildren will not enjoy the fruits of the country’s prosperity as much as their parents. Mate Marschalko/Flickr

Young Australians set to pay for government policy mistakes

Having enjoyed continuously increasing prosperity since the Second World War, Australians have come to expect that each generation will live a better life than the last. But this steady progress may be…
Delaying the super guarantee increase will have widespread repercussions. Shutterstock

Putting a real cost on delaying the super guarantee rise

The Abbott government’s deal with the Palmer United Party to freeze the minimum superannuation contribution rate at 9.5% until 2021 will not only cost retirees, it will also see future governments forced…

Top contributors

More