Stage 3: Assessing Efficiency and Competitiveness
The Australian Government asked the Productivity Commission to undertake a 12-month inquiry into the competitiveness and efficiency of Australia's superannuation system. This represents the third stage of the Commission's review of the competitiveness and efficiency of Australia's superannuation system.
Further technical supplements (forthcoming)
- Economies of scale (September)
- System performance — investment, fees and costs, and related parties (September)
- Fiscal impacts of insurance (September)
- Issues paper 7 Jul 2017
- Draft report 29 May 2018
- Final report TBA
The issues paper covered a range of issues on which the Commission seeks information and feedback, and is intended to assist you in preparing a submission.
Initial submissions were due by 21 August 2017.
The Commission sought further information following release of a draft report.
Submissions were due by 13 July 2018.
The expected timing of handing the final report to the Australian Government to be advised.
The release of the final report by the Government is the final step in the process.
Under the Productivity Commission Act 1998, the Government is required to table the report in each House of the Parliament within 25 sitting days of receipt.
The inquiry is required to assess whether Australia's superannuation system is competitive and efficient and to make recommendations to improve outcomes for members and system stability, and to reduce barriers to the competitiveness and efficiency of the system.
The assessment should be based on the five system level objectives, 22 assessment criteria, and 89 corresponding indicators set out in the Commission's stage 1 report and informed by the findings from the stage 2 report.
More detailed information can be found in the terms of reference.
Pragya Giri (Administrative matters)
Ph: 02 6240 3250
Jane Melanie (Other matters)
Ph: 02 6240 3380
Free call: 1800 020 083