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Articles on Pensions

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The world is getting grayer, but getting older doesn’t mean what it used to. Jorge Silva/Reuters

It’s time to measure 21st century aging with 21st century tools

Turning 65 in 2016 doesn’t mean the same thing as hitting 65 in 1916. So why are we still using a population aging measure that was developed a century ago?
South Africa’s Finance Minister Pravin Gordhan delivers his 2016 budget address to parliament in Cape Town. Reuters/Mike Hutchings

South Africa’s finance minister tackles wastage, boosts confidence

South Africa’s finance minister delivered a good mix of macro and micro-economic strategies to ensure the country survives economic uncertainty, restores confidence and achieves some growth.
Boxing clever? Osborne delivers. Andy Rain/EPA

Budget 2015: Experts respond

Instant reaction from academics as George Osborne delivers his post-election budget.
By targeting pensioners with savings with its latest budget measures, the government is incentivising them to spend, and spend big. Travel Cruise Fit/AAP

Why pensioners are cruising their way around budget changes

The government’s inconsistent approach to pensioners who save is distorting behaviour, but there is a solution.
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.
As expected, part-pensioners will be most affected by budget changes. AAP Image/Melanie Foster

Budget brief: will I lose my age pension?

Part-pensioner couples who own their own home and assets worth more than about A$800,000 are expected to lose their part-pension altogether, under proposals in the federal budget.
Social Services Minister Scott Morrison confirmed that the government has abandoned its 2014 budget plan to cut back the indexation of pensions. AAP/Lukas Coch

Government tightens pension assets test to save $2.4 billion

A crackdown on the pension assets test will save the budget A$2.4 billion over the forward estimates, the government says.
Shadow minister for families and payments Jenny Macklin at the launch of Labor’s pensions campaign. AAP/Lukas Coch

Pre-budget battle weapons – a slogan and a slide show

Playing the slogan game might degrade the political debate, but it worked alright for Tony Abbott – so now Bill Shorten’s launched into it ahead of the May budget. Labor has unveiled its “Mr Abbott. Don’t…

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