Actuaries Institute Podcast

As the Australian Government Actuary (AGA) nears 100 years of service, Elayne Grace caught up with its current leader, Guy Thorburn, to find out what the agency of the Treasury does and has achieved.Australian Government Actuary and Macquarie University graduate Guy Thorburn joined Elayne Grace (CEO of the Actuaries Institute) on Tuesday 14 August 2018 on the Actuaries Institute Podcast. The pair discussed how the AGA, with its team of 12, operate in providing services to more than 40 Government departments and agencies.Guy discussed a challenging project being the long-term cost report the AGA carried out for the Defence superannuation fund. There were some significant changes in the assumptions required and most notably, the discount rate had to be reviewed.The AGA's work on a DSS means-testing framework and parameters for the framework was a project Guy then described as a rewarding one over the last 18 months."That was a good outcome from an actuarial perspective... it created something different in a cha