Jeffrey Robertson, "Global ageing: Implications for Australia", Research Note, Parliament of Australia, 10 May 2005
The economic implications of an ageing society and its related impact on public policy are being closely studied across the globe. In Australia, various studies have determined that the combination of lower labour participation rates and the greater demand for public spending on health and aged care caused by an ageing society will result in a steadily increasing fiscal gap. The majority of studies on ageing have a domestic focus. However, cross-border effects also warrant attention as these too have substantial economic and public policy implications for Australia. This Research Note looks at some of the possible economic implications for Australia of ageing in key economic partners.