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

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  • Jefferson, T

Abstract

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.

Suggested Citation

  • Jefferson, T, 2012. "Private retirement savings in Australia: current policy initiatives and gender equity implications," Australian Bulletin of Labour, National Institute of Labour Studies, vol. 38(3), pages 234-250.
    • Handle: RePEc:fli:journl:26383
    Note: Jefferson, T., 2012. Private retirement savings in Australia: current policy intitiatives and gender equity implications. Australian Bulletin of Labour, Vol. 38 No. 3, pp. 234-250.
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    File URL: http://hdl.handle.net/2328/26383
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    Cited by:

    1. Elisa Birch & Alison Preston, 2021. "Women, COVID-19 and Superannuation," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 24(2), pages 175-198.

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