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How we could make the retirement system more sustainable

  • Written by: Peter Wells, Professor, Accounting Discipline Group, University of Technology Sydney

Our current retirement system is simply not sustainable, as our population ages and life expectancy increases. Australia incentivises people to structure their finances so they are asset rich and cash poor. They are then able to claim the pension and can leave an inheritance, which is in part paid for by taxpayers.

We need to do something to make...

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Politics podcast: Chris Bowen on Labor's budget responses

  • Written by: Michelle Grattan, Professorial Fellow, University of Canberra
imageMick Tsikas/AAP

Labor has come under fire for some of its budget responses, including its opposition to the schools package, and only partial support for the Medicare levy increase.

Shadow Treasurer Chris Bowen rejects the government’s argument about the schools plan being more “needs-based” than present arrangements. He tells The...

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Full response from a spokesperson for Brendan O'Connor

  • Written by: Sunanda Creagh, Editor, The Conversation
imageLabor has said penalty rate cuts would 'rip off' 700,000 workers.AAP Image/Lukas Coch

In relation to this FactCheck on Labor’s claim that penalty rate cuts will “rip off” 700,000 people, a spokesperson for Labor’s shadow minister for employment and workplace relations Brendan O'Connor said:

The McKell Institute’s...

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Full response from the McKell Institute regarding its report on penalty rate cuts

  • Written by: Sunanda Creagh, Editor, The Conversation

In relation to this FactCheck on how many workers are expected to be affected by proposed cuts to Sunday penalty rates, the author of the FactCheck, Joshua Healy, submitted the following questions for The Conversation to send to the McKell Institute.

The questions relate to the methodology for the McKell Institute’s February 2017 report on...

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More Articles …

  1. Sorry everyone: on the internet, you're always the product
  2. Poor kids hit puberty sooner and risk a lifetime of health problems
  3. Australian cricketers' pay dispute: will lightning strike twice in the same place?
  4. The way we walk can be used to power and secure our devices
  5. Australia's involvement in an 'Anglosphere' is the delusion of a golden age that never existed
  6. Sgt Pepper's at 50 – the greatest thing you ever heard or just another album?
  7. Aussie retailers need to adapt to a world built on speed
  8. Pirates of the Caribbean 5: there be some good science in that there film
  9. Curious Kids: If a huge huntsman spider is sucked into a vacuum cleaner, can it crawl out later?
  10. Widespread invasive species control is a risky business
  11. Thinking big gives top predators the competitive edge
  12. How do we choose who gets the flu vaccine in a pandemic – paramedics, prisoners or the public?
  13. The insecurity of private renters – how do they manage it?
  14. Turnbull offers May 'any and every support' after terror attack
  15. 'Giving a Gonski' will be torrid test for Greens
  16. The 'digital handmade': how 3D printing became a new craft technology
  17. Mr Burns: post-apocalyptic Simpsons musical shows theatre's future is dazzling
  18. Carnage at Ariana Grande concert in Manchester a suspected terrorist attack
  19. Explainer: what is nanomedicine and how can it improve childhood cancer treatment?
  20. Congressional Republicans would prefer Pence, so why not impeach Trump?
  21. Did humans evolve in Europe rather than Africa? We don't have the answer just yet
  22. 'Fake refugees': Dutton adopts an alternative fact to justify our latest human rights violation
  23. The world would be better off if Trump withdraws from the Paris climate deal
  24. Twiggy Forrest donation: more philanthropy means more risk-taking – and that's good
  25. Why you should donate to The Conversation
  26. Report: government won't rule out underwriting Adani's Carmichael coal mine
  27. The science of business decision making: giving out perks doesn't necessarily lead to results
  28. Explainer: why 300 Indigenous leaders are meeting at Uluru this week
  29. Passed away, kicked the bucket, pushing up daisies – the many ways we don't talk about death
  30. What’s in the name 'homeless'? How people see themselves and the labels we apply matter
  31. Australian farmers are adapting to climate change
  32. Reading classic novels in an era of climate change
  33. ASKAP telescope speeds up the hunt for new Fast Radio Bursts
  34. Malcolm Turnbull seeks legal advice on Hanson's staffer Ashby
  35. After the 'Facebook Files', the social media giant must be more transparent
  36. Australian copyright laws have questionable benefits
  37. Explainer: how the internet knows if you're happy or sad
  38. Colloid science, tackling superbugs and light lead the 2017 Shine Dome Awards
  39. Explainer: what is positive psychology and how can you use it for yourself?
  40. Many Australian universities may be in surplus, but does that mean there's fat to cut?
  41. The weather is now political
  42. Let cities speak: what sounds define us now?
  43. Consumers lose out in funeral industry lacking competition and regulation: study
  44. Lessons of 1967 referendum still apply to debates on constitutional recognition
  45. Dinosaur embryo returned to China, but many fossils fall victim to illegal trade and poor protection
  46. Let cities speak: reclaiming a place for community with sounds
  47. Decoding the music masterpieces: Strauss’s An Alpine Symphony
  48. The shocking state of oral health in our nursing homes, and how family members can help
  49. Politicians: please ease off on 'announceables' until after the electricity market review
  50. An ethical hacker can help you beat a malicious one

Business News

How Immigration Lawyers Can Help

Introduction Visa decisions can shape employment, family life, study plans, travel, and future residence. A small omission can lead to delay, added expense, or refusal. Immigration lawyers assess l...

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How Industrial Drying Equipment Supports Efficient Processing

Many industrial processes require moisture to be removed from compressed air, products or process materials before they move to the next stage. Excess moisture can affect equipment performance, produc...

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Practical Ways a Whiteboard Can Improve Workplace Communication

Effective communication helps teams stay organised, share ideas and keep track of important information. While digital tools are now common in many workplaces, a whiteboard continues to provide a simp...

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Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

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Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

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The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

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Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

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How to Rent a Car for Uber in Melbourne: What Every New Driver Needs to Know

Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...

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When Should You Speak to a Lawyer About a Legal Issue?

Legal issues can begin with a simple question, then become harder to manage once formal steps are involved. Many people wait until a matter feels urgent before seeking guidance, even though earlier ...

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The Daily Magazine

Elevate Your Morning Routine with Cafe-Style Coffee at Home with the Right Coffee Machine

There's something magical about that first sip of coffee in the morning. It’s more than just a bev...

Top Garment Steamers for Busy Professionals in Australia

The gap between garment steamers built for a quick touch-up and ones built to keep pace with a wor...

Correct Sleeping Posture to Minimize Back Strain

Most people don’t pay much attention to how they sleep until they start waking up with a stiff bac...

Why Product Longevity Matters for Sustainable Australian Buildings

Sustainability in building design is often associated with recycled materials, renewable resources a...

NDIS Support Coordination Explained: What Does a Support Coordinator Actually Do?

NDIS support coordination explained means understanding how a professional can help participants n...

When Should You Speak with Divorce Lawyers in Sydney?

Divorce involves more than completing an online application. It can affect parenting arrangements, p...

How to Choose a Reliable Hot Water System Installer on the Gold Coast

Choosing a reliable installer is just as important as choosing the right hot water system. A qualifi...

How Microtask Platforms Support Modern Digital Promotion

Digital promotion has become increasingly complex. Businesses communicate with customers through w...

Cosmetic Dentistry Options From a Brisbane-Based Dental Team

You cover your mouth when you laugh. You skip the group photo. Maybe you edit pictures to soften a...