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ARTICLE · 24 MAY 2014

Coping with an ageing population

Real economic benefits will only be realised if the changes encourage more Australians to be self-funded in retirement.

AustraliaGovernment, Public Sector
Michael Tooma (Formerly With Norton Rose Fulbright Australia)
Michael Tooma (Formerly With Norton Rose Fulbright Australia)
Ben Allen (Formerly With Norton Rose Fulbright Australia)
Ben Allen (Formerly With Norton Rose Fulbright Australia)
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Increasing the pension age to 70 by 2035 and a higher-threshold single asset test for eligibility for the age pension are further National Commission of Audit recommendations the government has seized on to help it meet the cost of an ageing population.

Projected population aged 65 years and over, Australia

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