Katharine Betts: The ageing of the Australian population: triumph or disaster?

The impending retirement of the post World War 2 baby boomer generation has prompted alarm in policy circles. This alarm is unjustified.

Katharine Betts shows that Australia’s labour force participation rate and ratio of  dependents to workforce are at record highs, despite an increase in Australia’s median age.

The report also shows that the recent trend towards increasing workforce participation and improvements in the health of older people mean that concerns about the public costs of ageing have been overstated.

Download ‘The ageing of the Australian population: triumph or disaster? here  (corrected May 1)