Towards a superannuation system fit for the future. Towards a superannuation system fit for the future. This project aims to develop a stochastic superannuation model and propose alternative post retirement solutions, using data-led understanding of savings habits. Funding for the increasing cost of the growing older population will, if not modelled, forecast and managed adequately, swamp all other welfare and state funded costs. To manage older age costs adequately, governments need to encourag ....Towards a superannuation system fit for the future. Towards a superannuation system fit for the future. This project aims to develop a stochastic superannuation model and propose alternative post retirement solutions, using data-led understanding of savings habits. Funding for the increasing cost of the growing older population will, if not modelled, forecast and managed adequately, swamp all other welfare and state funded costs. To manage older age costs adequately, governments need to encourage people to save and provide ways people can save—but need to better understand how people save money for their old age. This research is expected to enable the “superannuation change“ necessary for the superannuation system to remain sustainable and fund retirees to live well.Read moreRead less
Innovations in Demographic Modelling for Government Analysis and Planning. This project aims to create innovative and cutting-edge demographic models to better meet the needs of practitioners and researchers. Together with the partner organisations, Commonwealth Treasury and the Australian Bureau of Statistics, it will focus on creating more accurate and fit-for-purpose forecasting methods for Australian fertility, mortality, and migration, including a policy scenario model to produce population ....Innovations in Demographic Modelling for Government Analysis and Planning. This project aims to create innovative and cutting-edge demographic models to better meet the needs of practitioners and researchers. Together with the partner organisations, Commonwealth Treasury and the Australian Bureau of Statistics, it will focus on creating more accurate and fit-for-purpose forecasting methods for Australian fertility, mortality, and migration, including a policy scenario model to produce population projections by visa/citizenship category and Australians overseas. Expected outcomes of this project include improved forecasting methods reported in open-access papers, user-friendly forecasting software and tools for the partner organisations, and a stronger relationship between researchers and practitioners.Read moreRead less