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dc.contributor.authorMakin, Tonyen_US
dc.contributor.editorProfessor Harry Clarkeen_US
dc.date.accessioned2017-05-03T12:19:25Z
dc.date.available2017-05-03T12:19:25Z
dc.date.issued2009en_US
dc.date.modified2010-08-25T07:04:12Z
dc.identifier.issn08120439en_US
dc.identifier.doi10.1111/j.1759-3441.2009.00012.xen_AU
dc.identifier.urihttp://hdl.handle.net/10072/29559
dc.description.abstractThis paper questions the rationale for the Future Fund. Contrary to existing policy, it proposes that further budgetary contributions needed to meet the Australian Government's future superannuation liabilities be sourced from the expenses side of the federal budget on a predetermined basis, rather than until recently from budget surpluses ex post. New general formulae are derived for estimating the magnitude of annual budgetary contributions required to stabilise, as well as fully cover, unfunded liabilities many years ahead. Illustrative estimates are then provided of federal budgetary contributions needed to cover the Australian Government's unfunded superannuation liabilities. The paper concludes by suggesting that the superannuation-related activities of the Future Fund be wound up with the transfer of its assets to the trustees of existing government superannuation funds.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_AU
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherWiley-Blackwell Publishing Asiaen_US
dc.publisher.placeAustraliaen_US
dc.relation.ispartofstudentpublicationNen_AU
dc.relation.ispartofpagefrom121en_US
dc.relation.ispartofpageto129en_US
dc.relation.ispartofissue2en_US
dc.relation.ispartofjournalEconomic Papersen_US
dc.relation.ispartofvolume28en_US
dc.rights.retentionYen_AU
dc.subject.fieldofresearchMacroeconomics (incl. Monetary and Fiscal Theory)en_US
dc.subject.fieldofresearchcode140212en_US
dc.titleWhat Future for the Future Fund?en_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.facultyGriffith Business School, Department of Accounting, Finance and Economicsen_US
gro.date.issued2009
gro.hasfulltextNo Full Text


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