Householder Attitudes Towards Retirement Incomes, Australia, 1997
Melbourne Institute Working Paper No. 15/97
Date: July 1997
Author(s):
Abstract
In May 1997 the Melbourne Institute conducted a telephone survey of 1200 households across Australia in order to assess community attitudes towards government retirement income plans and superannuation. Our survey found considerable support for some form of contributory superannuation scheme and also a high degree of awareness that people, especially the young, will have to support themselves by superannuation or private assets in their retirement. This implies that people are likely to a sanguine view of governments which take positive policy steps to further these intentions. However, if left in its current form, superannuation programs appear unlikely to delivery higher saving rates. Very few people indicated that they would voluntarily put more of their discretionary incomes into superannuation.