Retirement Saving in Australia

Garry Barrett and Yi-Ping Tseng

Canadian Public Policy, 2008, vol. 34, issue s1, 177-193

Abstract: Australia's retirement income system has two distinctive features: a means-tested public pension, and a policy mandating private retirement saving. These programs have gained increasing international attention as countries address the challenges posed by population aging. In this paper the institutional features of the retirement income system in Australia are outlined and contrasted to the Canadian retirement income system, with an emphasis on private incentives to save. The savings behaviour of current Australian retirees is examined, and the expectations of future retirees considered. Lessons from the Australian experience are drawn, which may inform Canada and other countries as they reform their retirement income system.

Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Retirement Saving in Australia (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpp:issued:v:34:y:2008:i:s1:p:177-193

Ordering information: This journal article can be ordered from
https://www.utpjournals.com/loi/cpp/

Access Statistics for this article

Canadian Public Policy is currently edited by Prof. Mike Veall

More articles in Canadian Public Policy from University of Toronto Press University of Toronto Press Journals Division 5201 Dufferin Street Toronto, Ontario, Canada M3H 5T8.
Bibliographic data for series maintained by Iver Chong ( this e-mail address is bad, please contact ).