Editor's Choice
Super funds race to implement digital advice
Australian superannuation funds are increasingly turning to digital advice tools to bridge the longstanding gap between members needs and access to affordable financial guidance, according to executives at wealth technology Bravura Solutions.
Musk's $106bn fundamental-defying IPO lands on Nasdaq
SpaceX has raised US$75 billion ($106.8bn) in the biggest-ever stock market debut, valuing Elon Musk's rocket and satellite company at US$1.77 trillion.
Quinbrook appoints Australian lead
Energy transition infrastructure investor Quinbrook has appointed Tim Horneman as region leader for Australia, formalising his responsibility for the firm's local investment activities and business operations.
Former ASFA COO joins housing fund manager
The former chief operating officer of the Association of Superannuation Funds of Australia (ASFA) has joined C1 Capital Group as chief investment and operating officer.
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
This is an overly simplistic interpretation of the ABS data that doesn't account for the ABS's on note on how the average age of retirement is not representative. The population is skewed because those who retire early are more likely to be alive still and therefore participate in the survey.
To counter this skew, the ABS produce a series of other averages based on those who have retired recently, such as 'retired in the last 5 years'. The average age there is 61.5 years.
This is similar to what the OECD reports on retirement age. That uses net withdrawals from the labour market based on labour force participation rates. While by no means perfect, it isn't skewed by survey responses like those in the Multipurpose Household Survey (MPHS). And such retirement rates can easily be replicated using Census data.
If personal longevity awareness was more widespread people might make more informed decisions about retirement. Longevity awareness includes how long a person might live and why that may be different from average, what's happening in the community to reflect longer life expectancies, the longer term prospects of government support, longer term caring, dependency and end of life issues. Longevity awareness training is becoming as important as financial literacy, especially for people over age fifty.