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How we could make the retirement system more sustainable

  • Written by: Peter Wells, Professor, Accounting Discipline Group, University of Technology Sydney

Our current retirement system is simply not sustainable, as our population ages and life expectancy increases. Australia incentivises people to structure their finances so they are asset rich and cash poor. They are then able to claim the pension and can leave an inheritance, which is in part paid for by taxpayers.

We need to do something to make...

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Politics podcast: Chris Bowen on Labor's budget responses

  • Written by: Michelle Grattan, Professorial Fellow, University of Canberra
imageMick Tsikas/AAP

Labor has come under fire for some of its budget responses, including its opposition to the schools package, and only partial support for the Medicare levy increase.

Shadow Treasurer Chris Bowen rejects the government’s argument about the schools plan being more “needs-based” than present arrangements. He tells The...

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Full response from a spokesperson for Brendan O'Connor

  • Written by: Sunanda Creagh, Editor, The Conversation
imageLabor has said penalty rate cuts would 'rip off' 700,000 workers.AAP Image/Lukas Coch

In relation to this FactCheck on Labor’s claim that penalty rate cuts will “rip off” 700,000 people, a spokesperson for Labor’s shadow minister for employment and workplace relations Brendan O'Connor said:

The McKell Institute’s...

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Full response from the McKell Institute regarding its report on penalty rate cuts

  • Written by: Sunanda Creagh, Editor, The Conversation

In relation to this FactCheck on how many workers are expected to be affected by proposed cuts to Sunday penalty rates, the author of the FactCheck, Joshua Healy, submitted the following questions for The Conversation to send to the McKell Institute.

The questions relate to the methodology for the McKell Institute’s February 2017 report on...

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More Articles …

  1. Sorry everyone: on the internet, you're always the product
  2. Poor kids hit puberty sooner and risk a lifetime of health problems
  3. Australian cricketers' pay dispute: will lightning strike twice in the same place?
  4. The way we walk can be used to power and secure our devices
  5. Australia's involvement in an 'Anglosphere' is the delusion of a golden age that never existed
  6. Sgt Pepper's at 50 – the greatest thing you ever heard or just another album?
  7. Aussie retailers need to adapt to a world built on speed
  8. Pirates of the Caribbean 5: there be some good science in that there film
  9. Curious Kids: If a huge huntsman spider is sucked into a vacuum cleaner, can it crawl out later?
  10. Widespread invasive species control is a risky business
  11. Thinking big gives top predators the competitive edge
  12. How do we choose who gets the flu vaccine in a pandemic – paramedics, prisoners or the public?
  13. The insecurity of private renters – how do they manage it?
  14. Turnbull offers May 'any and every support' after terror attack
  15. 'Giving a Gonski' will be torrid test for Greens
  16. The 'digital handmade': how 3D printing became a new craft technology
  17. Mr Burns: post-apocalyptic Simpsons musical shows theatre's future is dazzling
  18. Carnage at Ariana Grande concert in Manchester a suspected terrorist attack
  19. Explainer: what is nanomedicine and how can it improve childhood cancer treatment?
  20. Congressional Republicans would prefer Pence, so why not impeach Trump?
  21. Did humans evolve in Europe rather than Africa? We don't have the answer just yet
  22. 'Fake refugees': Dutton adopts an alternative fact to justify our latest human rights violation
  23. The world would be better off if Trump withdraws from the Paris climate deal
  24. Twiggy Forrest donation: more philanthropy means more risk-taking – and that's good
  25. Why you should donate to The Conversation
  26. Report: government won't rule out underwriting Adani's Carmichael coal mine
  27. The science of business decision making: giving out perks doesn't necessarily lead to results
  28. Explainer: why 300 Indigenous leaders are meeting at Uluru this week
  29. Passed away, kicked the bucket, pushing up daisies – the many ways we don't talk about death
  30. What’s in the name 'homeless'? How people see themselves and the labels we apply matter
  31. Australian farmers are adapting to climate change
  32. Reading classic novels in an era of climate change
  33. ASKAP telescope speeds up the hunt for new Fast Radio Bursts
  34. Malcolm Turnbull seeks legal advice on Hanson's staffer Ashby
  35. After the 'Facebook Files', the social media giant must be more transparent
  36. Australian copyright laws have questionable benefits
  37. Explainer: how the internet knows if you're happy or sad
  38. Colloid science, tackling superbugs and light lead the 2017 Shine Dome Awards
  39. Explainer: what is positive psychology and how can you use it for yourself?
  40. Many Australian universities may be in surplus, but does that mean there's fat to cut?
  41. The weather is now political
  42. Let cities speak: what sounds define us now?
  43. Consumers lose out in funeral industry lacking competition and regulation: study
  44. Lessons of 1967 referendum still apply to debates on constitutional recognition
  45. Dinosaur embryo returned to China, but many fossils fall victim to illegal trade and poor protection
  46. Let cities speak: reclaiming a place for community with sounds
  47. Decoding the music masterpieces: Strauss’s An Alpine Symphony
  48. The shocking state of oral health in our nursing homes, and how family members can help
  49. Politicians: please ease off on 'announceables' until after the electricity market review
  50. An ethical hacker can help you beat a malicious one

Business News

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

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Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

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The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

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Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

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How to Rent a Car for Uber in Melbourne: What Every New Driver Needs to Know

Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...

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When Should You Speak to a Lawyer About a Legal Issue?

Legal issues can begin with a simple question, then become harder to manage once formal steps are involved. Many people wait until a matter feels urgent before seeking guidance, even though earlier ...

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The strategic rise of Bali as Australia’s next essential healthcare support hub

As Australian healthcare providers grapple with unprecedented operational bottlenecks, a new nearshore model is quietly transforming patient care delivery. Forward-thinking organisations,  including...

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Cost Savings and Benefits of Using Used Pallets in Logistics

In today’s competitive logistics and supply chain industry, businesses are constantly looking for ways to reduce operational costs without compromising efficiency and reliability. One of the most prac...

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How Fulfilment Services in Australia Help Businesses Scale Efficiently

The growth of e-commerce and modern retail has transformed customer expectations. Consumers now expect fast shipping, accurate order processing, and seamless delivery experiences regardless of where...

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The Daily Magazine

Thermoplastic vs. Paint: The True Long-Term Cost Comparison

Line marking looks like a simple line item on a school maintenance budget, until the true cost of ...

Why Vetting Beats Volume: The Real Story Behind Australia's Growing Applicant Pools

On paper, hiring should be getting easier. Job ads across the country are pulling in more applicat...

Moving Out of a Rental in Melbourne? A Practical Moving Checklist

Moving out of a rental in Melbourne is one of those things that always feels further away than it ...

Why a Cordless Rebar Tying Machine Is a Smart Investment for Australian Construction Projects

Tying reinforcing steel by hand means spending hours bent over while making the same twisting moti...

How to Get a Document Notarised in Sydney: What to Bring, What It Costs and How Long It Takes

If an overseas bank, embassy, university, employer or land registry has asked you for a notarised ...

The 2026 Used-Car Market

For a few strange years, the used-car market rewrote its own rules. Supply shortages sent second-h...

Why CCTV Alone Is Not Enough for Modern Business Security

Cameras are usually the initial step that companies take to strengthen their physical security. If...

Top 4 Wheelchair Ramp Providers in the Boulder Area

Finding the right wheelchair ramp in Boulder will feel like a turning point. Whether you are plann...

Why Every Workplace Should Take Emergency Preparedness Seriously

Emergency planning is one of those things many workplaces know they should think about, but it oft...