Retirement Security in Australia
University of Sydney - Faculty of Law
Australian National University (ANU) - National Research Centre for Occupational Health and Safety Regulation
October 31, 2005
8th Asian Association of Industrial Relations R.O.C., Vol. 31, pp. 205-230, 2005
Sydney Law School Research Paper No. 06/53
This paper reviews Australian retirement income and aged services programs in the context of changing demographic, labourmarket and fiscal trends. Australia's federal division of powers, and its historic model of 'needs based' welfare, is examined across areas such as income security, protection against age/retirement discrimination, aged persons and nursing home accommodation, health care and private planning (such as superannuation). The paper argues that despite the challenges of an ageing society, Australian policy settings appear to strike the right balances and are both fiscally responsible and robust. Neoliberal market reforms recently introduced in some spheres of policy are critiqued it is suggested that their further expansion should be curtailed.
Number of Pages in PDF File: 26
Keywords: ageing, retirment incomes, aged care, superannuation, age discrimination
JEL Classification: K39, K 31, J65, J78, I38
Date posted: April 11, 2006
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