Australia’s retirement system – The Inside Adviser

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Not all retirees impacted equally by cost of living surges: ABS

May 13, 2024 by Staff Writer

The cost of living increased across all indexes in the March 2024 quarter. But while employee households carried the brunt of higher prices, self-funded retirees emerged relatively unscathed according to the Australian Bureau of Statistics.

Australia jumps to fifth in Mercer’s Global Pension Index

October 27, 2023 by Staff Writer

Higher mandatory contributions and increased pension assets helped Australia improve on its 2022 score in Mercer annual index, and move up a spot in the 47-country ranking. Yet the research cited room for improvement.