File(s) under permanent embargo

Reason: Restricted by author. A copy can be supplied under Section 51(2) of the Australian Copyright Act 1968 by submitting a document delivery request through your library, or by emailing

Adequacy and Sustainability of the Australian Retirement System using Modelling and Optimisation

posted on 10.11.2020, 23:55 by YUNXIAO WANG
The global shift from defined-benefit (DB) to defined-contribution (DC) pensions schemes has placed significant risks and responsibilities from the pension provider onto the individual. Households are now expected to properly manage their own retirement savings and investment portfolios, as well as face further complex and unfamiliar decisions when choosing how to spend their DC savings and secure retirement income. This thesis provides a comprehensive study of Australia’s maturing DC-type retirement income system, using modelling and optimisation techniques to evaluate the adequacy and sustainability of a system that is under growing pressure from increasing longevity and deteriorating dependency ratios.


Campus location


Principal supervisor

Bonsoo Koo

Additional supervisor 1

Athanasios Pantelous

Year of Award


Department, School or Centre

Econometrics and Business Statistics


Doctor of Philosophy

Degree Type