Thursday, 7 December 2017

OECD figures show Australia's retirement system is better than it looks

OECD figures show Australia's retirement system is better than it looks
Australia has a high rate of old-age income poverty – defined as the percentage of people aged 65-plus who live on less than 50 per cent of the country's median income – at 26 per cent. That compares to 13 per cent across the OECD. But this number is skewed by the reality that a lot of people take their ...