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Why Boomer retirement time bomb could trigger youth backlash

John Kehoe

The federal government’s retirement income review is investigating whether an unfair tax burden will fall on younger workers to pay for superannuation tax breaks and the age pension.

The review, commissioned by Treasurer Josh Frydenberg, is looking at the budget sustainability of the retirement income system, as the large Baby Boomer generation retire and there are fewer working-age people to support the elderly.

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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com

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    Original URL: https://www.afr.com/policy/tax-and-super/retirement-review-probes-generational-fairness-20191123-p53dgx