Why Australia’s Pension System Isn’t ‘Super’ Enough

At a time when pension systems around the world are creaking, Australia’s is a standout. In terms of financial security for retirees, it ranked third globally behind the Netherlands’ and Denmark’s in one survey. Yet there are also urgent calls for changes to a system that’s projected to grow from almost A$3 trillion ($2 trillion) to A$5.4 trillion within a decade.