Reforming Australia's Superannuation Tax System and the Age Pension to Improve Work and Savings Incentives
Australia's retirement income system combines private and public provision for old age. Retirees rely on private (but highly regulated) superannuation saving that attracts large tax concessions; a public, means-tested age pension; home ownership; and other private savings. Despite recent changes intended to make the system fairer and more fiscally sustainable, Australia's retirement income system still lacks coherence, produces inequitable outcomes and creates high effective tax rates on work...[Show more]
|Collections||ANU Research Publications|
|Source:||Asia & The Pacific Policy Studies|
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