Whilst the concept of an asset-based welfare system developed formally in the 1950s there is evidence in Australia that the philosophy developed well before then and has continued through advantages for those able to acquire a home over those that cannot in the retirement system. The net cost to...

The Council of Superannuation Custodians (2013) indicated that one of the objectives of the Superannuation Guarantee Levy (SGL) was to relieve pressure on the cost of the Age Pension system. This paper uses a life cycle approach together with a model that introduces volatility in the drivers...