New research found lifestyle risk factors in a person’s early 60s were linked to admission into aged care. In a study involving over 125,000 Australians, the University of Sydney (USYD) revealed that physical inactivity, smoking, poor diet, and sleep disorders ...
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IGR: an optimistic view
Last week’s Intergenerational Report (IGR) release projected Australia’s population to age over the next 40 years – and it’s not a problem. Chief of The Centre for Optimism Victor Perton said it was essential to recognise the future of ageing as an ...
More »‘Poor buggers’: Aussie group to suffer extra tax burden
The growing reliance on personal income taxes to prop up government coffers is an “intergenerational tragedy”, former Treasury boss Ken Henry has claimed. Mr Henry, who authored the landmark Henry Review of Australia’s tax system that was commissioned by the ...
More »Treasurer’s warning as 40-year economic outlook released
The government will be forced to slash spending or hike taxes for Australians if it wants to avoid a widening hole in the nation’s balance sheet over the next 40 years, a new report has revealed. Released by Treasurer Jim ...
More »Critical sector to pay for ageing Aussies
Australia’s burgeoning critical minerals sector will be crucial to transition the world to net zero and bolster the country’s coffers and pay for aged care, the NDIS and defence over the next 40 years. The Intergenerational Report, to be released by the ...
More »Our older population will triple in 40 years. But a social insurance model won’t fix the aged care funding crisis
Henry Cutler, Macquarie University Preliminary data from the 2023 Intergenerational Report shows Australia’s population aged 85 and over is set to more than triple over the next 40 years. This will exacerbate existing strains on the aged-care system. The government’s ...
More »Bigger, older, poorer: Australia’s future to be revealed in new report
Australia might have just recorded a $19 billion surplus, but the Treasurer has warned that the cost of servicing debt and an ageing population is predicted to balloon government spending in the decades to come. The Intergenerational Report, to be ...
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