12 February 2019

Now’s the time to legislate repairs to our deeply flawed super system

Just weeks after the Productivity Commission and the Hayne royal commission shone a spotlight on the outrageous rorts in super­annuation, we get to see whether federal parliament has the resolve to start fixing them.

11 February 2019

Curbing finance might make housing cheaper, but would it make us better off?

Many younger Australians are justifiably anxious about housing affordability. In his book Why You Can’t Afford a Home, economist Josh Ryan-Collins pins the blame on the banks. But he doesn’t tell the full story.

5 February 2019

We need generational change on retirement incomes

It’s been a quarter of a century since the Keating government introduced a retirement-income package in 1992 and Vince Fitzgerald reported on national savings in 1993. For a generation, Australian retirement incomes policy has been dominated by their assumptions. Public policy should be based on the best evidence we have. As time goes by, the evidence gets better, and we can test long-held assumptions. If they turn out to be wrong, then we should change the policy accordingly.

10 January 2019

Productivity Commission finds super a bad deal. And yes, it comes out of wages

Want more to retire on? In its long-awaited final report on the efficiency and competitiveness of Australia’s leaky superannuation system, Australia’s Productivity Commission provides a roadmap.

5 December 2018

What He Should Be Reading: Grattan’s 2018 PM Reading List

The summer break is one of the few times of the year that we switch off our screens for long enough to lower the height of that pile of shame beside the bedside table. There is still a magic to books, which provide enough space for a nuanced view of a topic, without reducing it to mere talking points. But reading a book takes time, and Prime Ministers have even less time than others. To make best use of a rare opportunity, Grattan Institute recommends each year a summer reading list for the Prime Minister.

4 December 2018

Scott Morrison’s book list: what should the prime minister read this summer?

It has been an extraordinary year in politics – and no doubt most politicians are well and truly ready for a summer holiday. To help our leaders make the most of their time off, Grattan Institute has curated a list of this year’s must-reads – a curiosity-piquing platter of novels, thinkpieces, memoirs and manifestos.

26 November 2018

A history of the Institute

At a function to farewell three directors retiring from the Grattan Institute Board, founding Director Professor Glyn Davis recounted the history of the formation of Grattan Institute, and its development since then.

20 November 2018

Raising superannuation won’t help your retirement — unless you’re already wealthy

A couple of weeks ago, we published a report that showed that most retirees today are financially comfortable, and have enough money to fund a lifestyle in retirement better than they had when working. And we showed that this was likely to be true for future retirees as well. So what did we do wrong?

13 November 2018

Let’s ensure we don’t let super funds ‘kludge’ it this time

When it becomes overwhelmingly clear that policy changes are in the public interest, the next move of vested interests is to chip away at seemingly innocent details, all in the name of more perfect public policy. But invariably these “kludges” are really about undermining the principles and protecting the rent.

9 November 2018

The (reassuring) truth about retirement incomes

Despite what the industry is saying, we don’t need to lift the Superannuation Guarantee to 12 per cent. In a Grattan Institute report released this week, Money in Retirement: More than Enough, we showed that the conventional wisdom that Australians don’t save enough for retirement is mistaken.