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The balance of benefit
 — a review of intergenerational transfers in Australia
Author(s)Varoe Legge, Kate O'Loughlin
Journal titleThe Gerontologist, vol 40, no 5, October 2000
Pagespp 605-611
KeywordsOffers of help ; Informal care ; Voluntary work [elderly] ; Public expenditure ; Australia.
AnnotationThe financial and non-financial transfers taking place intergenerationally and between older people in the community is reviewed using Australian Bureau of Statistics (ABS) data. Within the public arena, governments provide major financial contributions through money transfers and the provision of residential support. Older people provide considerable community support by undertaking voluntary services. The article concludes that the balance of benefit is difficult to determine. However, in terms of public expenditure, older people are major recipients. Within the family, the balance of benefit is reversed. Older people are major monetary contributors to adult children and their families in the transition to an independent status. Older people are also principal carers of their fragile aged partners, thus reducing both the burden of care on their adult children and government institutions. This analysis has major implications for the development of policy and structural change, and for reducing negative stereotypes of dependency in old age. (RH).
Accession NumberCPA-010130211 A
ClassmarkQNF: P6: GHH: WN8: 7YA

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