The Retirement Income Review (Callaghan) Report concluded that the Australian retirement income system is effective and sound and that its costs are broadly sustainable. This is on the assumption that those retirees who do have sufficient superannuation assets to achieve an ‘adequate’ living...

The (Callaghan) Retirement Income Review suggested that superannuation tax concessions are excessive, especially for those on higher incomes, and questioned their use other than to fund the superannuant’s living expenses. Favourable fiscal arrangements for superannuation are pervasive across...