The Australian Government Actuary works with various Government Agencies and produces reports. Published reports are located under each of the topics below:
Australian Life Tables
These tables help the Government, superannuation entities and insurers plan for the future. The Australian Life Tables are used in population and cash flow projections in a wide range of areas, including aged care, pensions, health and superannuation.
This report is released every five years and is based on the mortality of male and female Australians over the three calendar years’ information centred on each Census year.
Australian Priority Investment Approach to Welfare
The AGA supports the Department of Social Services (DSS) in producing annual actuarial valuations of the Australian income support and social security system, as part of the Priority Investment Approach to Welfare (PIA). These valuations estimate the future lifetime cost of income support and the social security system for the entire Australian population. They allow a better understanding of the welfare system at both the population level, and for population subgroups of interest.
Contributory Parent and Retirement Visas
The Contributory Parent visa allows parents to live in Australia if their child is an Australian citizen. The application charge limit for these visas is adjusted by the AGA each financial year as per the Migration (Visa Application) Charge Act 1997. The AGA publishes the calculations for these adjustments each year.
The Retirement visa is designed for retirees and their partners (if any) who want to spend some of their retirement years in Australia. At the request of the Department of Immigration and Citizenship the AGA has developed some modelling around this visa.
The AGA produces a number of reports in relation to insurance, including:
- Annual reports on the costs of the Australian Government's Run Off Cover Schemes for medical indemnity insurers. The Run Off Cover Schemes provide medical indemnity insurance for doctors and eligible midwives who have ceased private medical practice.
- Occasional reports on specific topics, such as home and contents insurance and strata insurance in north Queensland.
The Australian Government Actuary has supported Treasury’s work on developing a Retirement Income Framework. This has resulted in a number of publications and technical papers being published over time.
If you wish to use any of our work contained on the Australian Government Actuary website, please read our Creative Commons License.
Most of the reports are also available in accessible formats - if you would like assistance please contact the AGA.