Can superannuation contribution matching schemes incentivise low and middle-income earners to save m

Given associated with 1 to 3.5 percentage point increases the generosity and simplicity of the Australian in the proportion of low and middle-income earners scheme and the high public awareness (80% who make voluntary contributions (Figure 1). [...] of national matching schemes in Germany and Figure 1: Impacts of the Superannuation Co-contribution Scheme on the rates of voluntary after- tax contributions by contribution range and match rate 4 3 2 1 0 -1 -2 50% match rate 100% match rate 150% match rate All up to $1000 $1001-3000 above $3000 Average individual contributions to superannuation fall due 2 to the scheme Despite small increases in. [...] These groups (from Figure 2) include those with The fact that we find no significant difference in normally high income over the period, but who are the responses of people who do and do not use eligible because of a lean year; partnered females a tax consultant underlines our conclusion that who are often secondary earners in the household; the small effects of the scheme are unrelated to and peo. [...] All findings, opinions and conclusions are those of the authors and do not represent the views of the Australian government or any of its agencies. [...] Savings incentives for low-and moderate-income families in the United States: why is the saver’s credit not more effective? Journal of the European Economic Association, 5 (2-3): 647-661 This Research Insight represents the opinions of the author(s) and Authors is not intended to represent the views of Melbourne Institute.