May 2014

Centre Director's Message

Our retirement income system undergoes continuing change. So it is worth bearing in mind that it is seen as one of the best systems in the developed world.

The Mercer Pension index, which ranks retirement income systems around the world, currently has Australia third, behind Denmark and the Netherlands, and has had the Australian system in the top three every year since the index was established several years ago. 


Director's Spotlight: Peter McDonald delivers the Eighth Sadli Lecture

Delivering the prestigious Sadli lecture in Indonesia in April this year, Peter McDonald discussed the implications of Indonesia's population growth and distribution for its economy as well as the poor quality of demographic data.

In the context of concerns within Indonesia that the present level of population growth is an obstacle to continued economic development, Peter suggested that with the right policy settings Indonesia can continue to reduce its fertility without negatively impacting labour supply or population ageing. The lecture was based on a commissioned paper published in the Bulletin of Indonesian Economic Studies. Read the article

COTA NSW Parliamentary Forum "Paying the Price: Women, Work and Care"

CEPAR's Rafal Chomik was invited by the Council on the Ageing to speak at a recent forum in NSW Parliament House. The well attended forum was opened by the Minister for Ageing, the Hon. John Ajaka MLC, and included speakers from the Human Rights Commission, Westpac, and the Workplace Gender Equality Agency.

Chomik said: "It might be obvious to many that the gender wage gap and career breaks to care for children and the elderly translate to lower retirement incomes, but the extent of the accumulation of inequality and how the pension system intermediates it is not always fully appreciated.”

Read the presentation

CEPAR in the News

Henry review member calls for GST increase
Financial Review, 21 May 2014
Featuring John Piggott

Budget: Stakeholders react
Australian Ageing Agenda, 14 May 2014
Featuring Hal Kendig

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Researcher profile

Meet Yang Chang, a CEPAR Research Fellow at the UNSW node. Yang's research interests include financial modelling, risk management and longevity risk.

Read Yang's profile

Featured research

CEPAR Associate Investigator Katja Hanewald and her co-author Fanny Kluge find that marital status is a key variable affecting risk attitudes and savings and investment decisions in their paper, The Impact of Family Structure on Risk Attitudes and Financial Decisions during the Financial Crisis.

Events 2014

Professor Joseph Stiglitz
Free Public Lecture
7 July 2014

22nd Annual Colloquium of Superannuation Researchers
7-8 July 2014

Emerging Researchers in Ageing Conference
24-25 November 2014
Flinders University 

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ARC Centre of Excellence in Population Ageing Research, NICTA, Level Three East Wing, University of New South Wales Kensington, Sydney, NSW 2033.