A report compares Australia and New Zealand's retirement income systems, noting key differences.

A report by the New Zealand Institute of Economic Research compares the retirement income systems of Australia and New Zealand, highlighting strengths and weaknesses. New Zealand offers higher average incomes and reduces retirement income inequality, while Australia's system encourages savings but discourages work at pension age. Both nations spend less on retirement than the OECD average, with spending expected to rise in New Zealand and remain stable in Australia through 2050.

November 07, 2024
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