Negative gearing has become a popular tax shelter in Australia. Australia is one of few countries to generally allow interest deductions for negatively geared rental property investments. Although the tax benefits of negative gearing at the investor level are quite well known, the tax policy...

This discussion paper reviews the needs of Australian retirees for financial products and services especially annuity products and financial advice; how they are currently met in Australia; briefly evaluate some alternatives; and identify obstacles to greater annuitisation. These obstacles include...