7 November 2018

Why we should worry less about retirement – and leave super at 9.5%

It’s conventional wisdom that Australians don’t save enough for retirement. Most workers themselves think they won’t have enough to retire on, and their concerns are rising. But the conventional wisdom is wrong.

6 November 2018

Ignore the fear factory – retirees are going to have enough cash

Everywhere you turn, you see messages that most people aren’t saving enough for their retirement. So it’s curious that the group least worried about having enough money in retirement are people who are already retired.

1 November 2018

Abolish stamp duty. The ACT shows the rest of us how to tax property

You might think that being a state (or territory) treasurer is a boring job. The federal treasurer gets all the media attention and controls many of the big economic levers, including income and company tax, massive Australia-wide spending and trade and competition policy. But you would be wrong.

31 October 2018

To make housing more affordable this is what state governments need to do

House prices might now be falling, but Australians’ anxiety over housing affordability is not. Price falls of a few percentage points in Sydney and Melbourne are cold comfort to first home buyers. They are still paying 50% more than they would have five years ago. Further price falls are likely, but even then housing will still be less affordable than it was two decades ago.

31 October 2018

Just take a look around to see the state you’re in

State government often seems the poor relation of federal politics. But many of the things people care about most are the stuff of state government: housing, transport, school education and hospitals.

29 October 2018

Australia’s dangerous fantasy: diverting population growth to the regions

A dangerous fantasy is taking hold in Australia: that government policy can divert population growth from our bulging capital cities to our needy regions. It’s a fantasy because a century of Australian history shows it won’t work. And it’s dangerous because it gives governments an excuse to avoid the hard decisions on planning and transport needed to make housing more affordable and cities more liveable.

29 October 2018

State Orange Book 2018: State governments matter, vote wisely

Voters in Victoria go to the polls within weeks; in New South Wales within months. State policy has rarely been more important. But what should the priorities be, not only for the governments in Australia’s two biggest states, but also for the other states whose elections are further away?

21 September 2018

Super. If Labor really wanted to help women in retirement, it would do something else

When it comes to the gender gap in retirement incomes, symbolism appears to matter more than actually achieving something. Labor’s plan to add super contributions to government-funded parental leave was heralded by Opposition Leader Bill Shorten this week as having a “big impact down the track”. Our analysis shows it would not. The boost to the retirement incomes of middle-income women would be minuscule.

26 July 2018

We need to switch off these superannuation rorts

For all the political noise about rising energy bills, Malcolm Turnbull and Bill Shorten would do well to focus more on the obscene superannuation fees paid by Australian savers if they want to save households some real money.

23 July 2018

The Government’s draft super Bill will make retirees better off

In this submission Grattan CEO John Daley and Australian Perspectives Fellow Brendan Coates argue that the Government’s draft Protecting Our Super Bill will substantially reduce the costs of superannuation, resulting in higher superannuation balances at retirement for many Australians. The Bill promises to curb egregious fees charged on inactive accounts and default insurance offered to those that don’t need it. And it may increase competition between superannuation providers a little, lowering superannuation fees.