Global pension plans collectively are estimated to sustain a multi-trillion dollar shortfall. Demographic changes, years of political standstill and the great recession have led to pension obligations being underfunded worldwide. If this retirement income crisis is not addressed adequately it will not only have serious economic consequences, but will lead
My fellow friends, this year our ‘glorious’ government delivered one of the most unpopular budget outcomes in Australian history. Sweeping cuts have been made across all welfare programs, and tougher rules have been enforced, especially in regard to Age Pension claims. The minimum pension age will rise to 70 in
This year ESSA, in partnership with the Boston Consulting Group and the Grattan Institute, ran Australia’s first ever public policy case competition. The topic was “Superannuation: Australia’s retirement plan”. The ageing population presents a long-term, complex and challenging policy task for present day Australia. Teams were asked to
Having retrospectively decided to write a series on climate change, four weeks after part one of my supposed ‘series’ appeared, here is the third installment exploring the interplay between climate and economics – more specifically, all of my articles look at how to change climate change without really changing climate change.