Private retirement savings in Australia: Current policy initiatives and gender equity implications

This article assesses the implications for gender equity of three recent policy initiatives on superannuation in Australia: (i) government co-contributions for low-income earners; (ii) an increase in compulsory superannuation contributions from 9 to 12 per cent; and (iii) the pending introduction of...

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Main Author: Jefferson, Therese
Format: Journal Article
Published: National Institute of Labour Studies 2012
Online Access:http://hdl.handle.net/20.500.11937/40414
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author Jefferson, Therese
author_facet Jefferson, Therese
author_sort Jefferson, Therese
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description This article assesses the implications for gender equity of three recent policy initiatives on superannuation in Australia: (i) government co-contributions for low-income earners; (ii) an increase in compulsory superannuation contributions from 9 to 12 per cent; and (iii) the pending introduction of ‘MySuper’ accounts, specifically designed for those who do not take an active interest in their superannuation accumulation. Implications for gendered patterns of superannuation coverage and superannuation accumulations are considered. The conclusion is that while the first measure may have some beneficial outcomes in terms of gendered patterns of accumulation, none of the three measures appears to deal with issues associated with gendered patterns of access to occupational superannuation.
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spelling curtin-20.500.11937-404142017-03-08T13:31:43Z Private retirement savings in Australia: Current policy initiatives and gender equity implications Jefferson, Therese This article assesses the implications for gender equity of three recent policy initiatives on superannuation in Australia: (i) government co-contributions for low-income earners; (ii) an increase in compulsory superannuation contributions from 9 to 12 per cent; and (iii) the pending introduction of ‘MySuper’ accounts, specifically designed for those who do not take an active interest in their superannuation accumulation. Implications for gendered patterns of superannuation coverage and superannuation accumulations are considered. The conclusion is that while the first measure may have some beneficial outcomes in terms of gendered patterns of accumulation, none of the three measures appears to deal with issues associated with gendered patterns of access to occupational superannuation. 2012 Journal Article http://hdl.handle.net/20.500.11937/40414 National Institute of Labour Studies fulltext
spellingShingle Jefferson, Therese
Private retirement savings in Australia: Current policy initiatives and gender equity implications
title Private retirement savings in Australia: Current policy initiatives and gender equity implications
title_full Private retirement savings in Australia: Current policy initiatives and gender equity implications
title_fullStr Private retirement savings in Australia: Current policy initiatives and gender equity implications
title_full_unstemmed Private retirement savings in Australia: Current policy initiatives and gender equity implications
title_short Private retirement savings in Australia: Current policy initiatives and gender equity implications
title_sort private retirement savings in australia: current policy initiatives and gender equity implications
url http://hdl.handle.net/20.500.11937/40414