Report Of Senate Select Committee On Superannuation And Standards Of Living In Retirement: Analysis And Review
This paper examines and assesses the Report of the Senate Select Committee on Superannuation and Standards of Living in Retirement of an inquiry into “the adequacy of the tax arrangements for superannuation ad related policy to address the retirement income and aged and health care needs of Australians”. Two criteria are used in the assessment. First, do the proposed measures address effectively the key issues of concern? Second, do the measures find strong support from economic principles, in particular those relating to tax reform? The main conclusion reached is that the recommendations, including the central proposal for removal of multi-stage taxation on superannuation will address only partially the problem of a projected adequacy gap and other weaknesses of Australia’s retirement income system. While the proposed measures generally meet the first three tax criteria, a major shortcoming is the absence of estimates of their short and long-run fiscal impact.
|Date of creation:||Jul 2003|
|Contact details of provider:|| Postal: Sydney NSW 2109|
Web page: http://www.econ.mq.edu.au/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:mac:wpaper:0304. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Helen Boneham)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.