In a piece written for Guardian Australia, John Quiggin has questioned the purpose of the Intergenerational Report. Quiggin, a contributing author with The Centre for Policy Development, traces a range of historical intergenerational inequities and concludes that public policy in the 1980s and 1990s predominantly resolved several of these issues.
‘By the time the first IGR was released in 2002, the problem had already been largely resolved, and the remaining measures were generally anticipated,’ he writes.
Given changes such as the increases to the age of eligibility for retirement incomes, defined contribution schemes, and the reintroduction of income and assets tests, ‘there is no longer any serious issue of intergenerational equity facing Australia, except perhaps for the excessive tax subsidies for superannuation’. Quiggin suggests the report should be abandoned ‘once and for all’.

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Published on March 18, 2015 03:36