Ageing and work in regional Australia: pathways for accelerating economic growth


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Author: Houghton, K.; Vonthethoff, Ben


Australia's oldest regions are experiencing a growing pension crisis with some regions already having 20 per cent of the population reliant on the Age Pension. This is a taste of what is to come at a national level. This report finds that if the Australian workforce neglects to engage mature age workers, the result will be lower growth, lower incomes and a higher welfare and services bill. The good news is if we can engage a higher proportion of older people in work, a significant lift to local incomes, economic growth and a lower pension bill for the government should follow. Key facts...  [+] Show more

Subjects: Demographics; Employment; Workforce development; Economics

Keywords: Regional; Ageing population; Ageing workforce; Older people; Older worker; Economic growth; Cost; Government expenditure; Labour force participation; Policy implications; Skill development; Case study; Employability

Geographic subjects: Australia; Oceania

Published: [Canberra, Australian Capital Territory]: Regional Australia Institute, 2017

Physical description: 24 p.

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Resource type: Report

Document number: TD/TNC 130.603

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