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Using the right survey to measure retiree spending

May 9, 2019 - 08:00 -- Admin

A recent paper by the Australian Institute of Superannuation Trustees, using Melbourne Institute’s Household, Income and Labour Dynamics in Australia (HILDA) survey, concluded that retirees’ spending increases as they age. The implication is clear: if retirees spend more as they age, they need to save more before retirement to fund that higher spending.

Why Australia’s old-age poverty rates are far lower than you might think

April 10, 2019 - 09:58 -- Admin

The conventional wisdom is that Australia has an especially high rate of poverty among the elderly. Advocates of increasing the Age Pension point to OECD research which shows that in 2014, 26 per cent of Australians aged 65 and over suffered income poverty, compared to 13 per cent across all OECD countries.

Which countries are most similar to Australia? Some answers might surprise you

April 8, 2019 - 14:29 -- Admin

To know how Australia is performing, we want to compare ourselves to other countries. But which ones? There are 193 countries in the world, and they vary along numerous dimensions. Even within the club of rich and rich-ish countries – the OECD – there are 36 members, ranging from Mexico to Switzerland.

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