The Taxation Savings in Australia
TAX AND TRANSFER POLICY INSTITUTE The taxation of savings in Australia Theory, current practice and future policy directions The Tax and Transfer Policy Institute (TTPI) The Tax and Transfer Policy Institute (TTPI) is an independent policy institute that was established in 2013 with an endowment from the federal government. It is supported by the Crawford School of Public Policy of the Australian National University. TTPI contributes to public policy by improving understanding, building the evidence base, and promoting the study, discussion and debate of the economic and social impacts of the tax and transfer system. TTPI Policy Report Series This report series aims to develop a framework for understanding different aspects of taxation to inform and improve future policy design. The evidence presented in the reports is grounded in economic theory and empirical research. It is also tailored to the challenges facing modern Australia. Authorship This report is a Tax and Transfer Institute Policy Report. It was written by Peter Varela, Robert Breunig, and Kristen Sobeck. The report was edited by Ric Curnow and the executive summary was reviewed by David Uren. Media support was provided by James Giggacher. Graphic and typographic design, as well as layout and electronic publication were done by Giraffe. The opinions in this report are those of the authors and do not necessarily represent the views of the Tax and Transfer Policy Institute’s research affiliates, fellows, individual board members, or reviewers. Any remaining errors or omissions are the responsibility of the authors. For further information the Institute’s research, please consult the website: https://taxpolicy.crawford.anu.edu.au Acknowledgements The authors would like to thank the following individuals for their detailed comments on the report: Paul Abbey, Brendan Coates, Graeme Davis, Shane Johnson, Ann Kayis-Kumar, Jason McDonald, Andrew Podger, Victoria Pullen, Mathias Sinning, Ralf Steinhauser, Miranda Stewart, David Tellis, and Hector Thompson.
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