The Australian editorial argues that better means testing is essential to ensure government support is directed to Australians who need it most. It endorses Policy Institute Australia’s proposal to reform pensions, aged care, childcare and parental leave, saying the changes could save up to $21 billion a year while improving the fairness and sustainability of […]

Australian taxpayers are set to fund $2.7 billion in combined paid parental leave and childcare subsidies for households with incomes above $300,000 in the next financial year, according to Policy Institute Australia.

YourLifeChoices has highlighted new research from Policy Institute Australia proposing changes to Age Pension means testing, including counting a portion of high-value homes in the assets test. The report argues the reforms would better target support to those most in need while improving the long-term sustainability of Australia’s retirement income system.