Gender Impact Analysis and the Taxation of Retirement Savings in Australia

Australian Tax Forum, Vol. 30, 2015

19 Pages Posted: 18 Dec 2015

See all articles by Siobhan Austen

Siobhan Austen

Curtin University of Technology - Curtin Business School - School of Economics and Finance; Curtin University of Technology - Centre for Research in Applied Economics; Cutin University of Technology - Women in Social and Economic Research (WiSER)

Rhonda Sharp

University of South Australia

Helen Hodgson

Curtin University - Curtin Law School

Date Written: August 24, 2015

Abstract

Gender impact analysis of the tax transfer system makes gender issues in policies and budgets visible and enables their complexities to be revealed. By doing so, it facilitates the development of more equitable and efficient alternatives. This article provides a gender impact analysis of Australia’s taxation and expenditure arrangements for superannuation and the age pension. By including both paid and unpaid work in the analysis, it identifies a number of critical features of the tax and transfer system that foster gender inequality. The article concludes that the gender impacts of the current policy on retirement savings and income should be addressed through a range of policy and budgetary changes. In particular, it advocates re-balancing the resourcing of superannuation tax concessions and the age pension, improving the rate of the age pension and removing the existing barriers to women’s workforce participation that have been created by the income tax/family benefit system, including high childcare costs.

Suggested Citation

Austen, Siobhan and Sharp, Rhonda and Hodgson, Helen, Gender Impact Analysis and the Taxation of Retirement Savings in Australia (August 24, 2015). Australian Tax Forum, Vol. 30, 2015. Available at SSRN: https://ssrn.com/abstract=2704659

Siobhan Austen (Contact Author)

Curtin University of Technology - Curtin Business School - School of Economics and Finance ( email )

GPO Box U 1987
Perth, Western Australia 6845
Australia

Curtin University of Technology - Centre for Research in Applied Economics ( email )

GPO Box U1987
Perth, Western Australia 6845
Australia

Cutin University of Technology - Women in Social and Economic Research (WiSER) ( email )

GPO Box U 1987
Perth, Western Australia 6845
Australia

Rhonda Sharp

University of South Australia ( email )

37-44 North Terrace, City West Campus
Adelaide, South Australia 5001
Australia

Helen Hodgson

Curtin University - Curtin Law School ( email )

Australia

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