Helping people make better superannuation decisions

Investing in a low performing super fund can lead to significantly lower retirement savings. Yet choosing an appropriate super fund is a complex and challenging task.

BETA and the ATO’s Behavioural Insights Unit collaborated to inform the design of the YourSuper comparison tool – which aims to make it easier for people to choose a well performing super fund that meets their needs.

Incentivising excellence: Attracting high-achieving teaching candidates

BETA worked with the Quality Initial Teacher Education Review to test what incentives would appeal to high-achieving teaching candidates.

We ran a discrete choice experiment with young high-achievers and mid-career professionals.

The below graphs show the additional probability of choosing teaching over a ‘baseline job’* (in percentage points).

By registering on the Personal Property Securities Register (PPSR), businesses can safeguard their security interests. But these registrations must be accurate – even a small mistake can render a registration invalid.

We partnered with AFSA to evaluate two changes to the PPSR form that could reduce these mistakes.

New Review Screen

To prevent users from rushing through the registration, and to highlight the importance of registering correctly, we added a pop-up at the final review screen, and required users to confirm the details they inputted.

Planned giving, including workplace giving through payroll is important in providing a regular source of income for charities and not-for-profit organisations. More Australian employers are offering workplace giving to their employees, but participation is low.

Workplace giving makes up only about 1 per cent of overall donations to charity. Participation rates remain low: 4.7% nationally and 1.8% in the APS.

Increasing participation in the Adult Migrant English Program (AMEP)

The Adult Migrant English Program (AMEP) is a government-funded program for all permanent visa holders and some temporary visa holders who have less than a vocational level of English. Not all people who are eligible for the AMEP participate in it. The Department of Home Affairs commissioned BETA to evaluate the effectiveness of communication in participants’ home languages on increasing participation in the AMEP.

Beta in 2021

This year will go down as one of the most challenging many of us have faced. And whether it be through our own personal experiences or the broader response to complex policy issues, human behaviour has been in the spotlight. So, it is no surprise BETA has had an incredibly busy past 12 months. With 2022 now on the horizon, it’s time to reflect on the year that was.