Australian 'phenomenon' of population ageing to affect costs

2011 was the first year when over-60s outnumbered under-14s.
2011 was the first year when over-60s outnumbered under-14s.

THE eldest of the "baby boomers" hit 65 this year, as Australia - on average - grows older.

New findings distilled from the 2011 census shows the average Australian is 37, 15 years older than it was when Australia became a united nation in 1901.

The figures come from Rafal Chomik, a senior research fellow at the Centre of Excellence in Population Ageing Research.

"At Federation, Australia was a youthful country with an average age of 22," he said.

Mr Chomik compared the difference in Australia's vintage to Daniel Radcliffe from Harry Potter and ageing American actor Mark Wahlberg.

"We're on our way from being a youthful magician to a retired welterweight champion."

The findings also suggested 2011 was the first year when over-60s outnumbered under-14s.

"These changing proportions demonstrate the demographic shift and the phenomenon we know as population ageing," he said.

The challenges of an ageing population will affect superannuation investment, health care spending and the cost of pensions.

Even if the average Australian is just over the hill in 2050, it could be worse.

In Japan, forecasts put the 2050 average age at 52.

Topics:  baby boomers, census 2011 figures, population



Local Real Estate

Featured Real Estate
LOOK AT THE PRICE!!! $299,000
House 3 1 1
ITS NOW OR NEVER FOR... AUCTION
House 4 2 4
AFFORDABLE AND... $325,000
House 3 1 1
THE BEST INVESTMENT IN... $299,000
House 2 2 1

Featured Jobs

finda logo

Gladstone jobs listed daily

Featured Jobs
GENERAL MANAGER ... Gladstone Full Time $120 - $150
Senior Stylist Boyne Island Casual
RESOURCE COORDINATOR Gladfield Full Time


Local Partners

LATEST DEALS AND OFFERS

Job Listings

Search for your next job now.
Learn More

View today's ePaper!

Read the digital edition
Learn More

Cars For Sale

Find cars for sale online now.
Learn More

Property Listings

Search for a property online right now.
Learn More

Local Profile

Stay Connected

Get the news as it happens, in your inbox

You can change the newsletters you are subscribed to when you edit your profile

Edit Profile


Special Offers

Latest deals and offers

Horoscopes

Virgo

Your mental energies may be at an all-time high, but your physical levels could be well below par. Don't burn yourself out too soon. You...

read more

Marketplace

Special Offers & Promotions

Compare & Save