AGEING

Background
It is vital to recognise that: a) Our gradual ageing does not necessarily lead to lower workforce participation or higher welfare burdens, and therefore does not justify policies to produce higher immigration or a higher fertility rate(1); and (b) Immigration and a higher fertility rate have, at best, a small and temporary impact on the age structure of the population.(2)

Policy
Better respect our senior citizens, continue to aspire to be a gradually ageing population, and celebrate this increasing life expectancy as a sign of a successful and sustainable society.

Policy Methods (Federal and State)
To help achieve this Sustainable Australia Party will:

  • Better facilitate and celebrate the unpaid community contributions of all citizens, particularly older citizens, who make a significant contribution to national wealth and wellbeing.
  • Develop better quality aged, community and home care facilities and standards.

Footnotes:

  1. The Conversation: ‘The tenuous link between population and prosperity’: CLICK HERE
    Grattan Institute: Ageing 'will not cause collapse of health system': CLICK HERE
    MacroBusiness: "Ageing countries have higher economic growth, and improved health and longevity of older people increases their economic contributions": CLICK HERE
    World Bank: "Dependency rates are not predetermined... and neither must the workforce shrink. Younger people, women, and older people are helping the labor force participation rise in many parts of the world [despite the society ageing]": CLICK HERE
  2. The Productivity Commission has stated clearly that immigration cannot make any significant or lasting impact on population ageing: “Substantial increases in the level of migration would have only modest effects on population ageing and the impacts would be temporary, since immigrants themselves age.”