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Centre for Policy on Ageing | |
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| Trends in the incomes and assets of older Australians | | Author(s) | Ann Harding, Anthony King, Simon Kelly |
| Corporate Author | National Centre for Social and Economic Modelling (NATSEM), University of Canberra |
| Publisher | NATSEM, 2002 |
| Pages | 38 pp (Discussion paper no 58) |
| Source | Downloaded document (14/07/03): natsem.canberra.edu.au/pubs/dps/dp58/dp58.pdf |
| Keywords | Economic status [elderly] ; Assets [elderly] ; Income [older people] ; Superannuation ; Australia. |
| Annotation | Between 1986 and 1997, the average wealth of older Australians almost doubled from $106,000 to $204,000. This was in sharp contrast to the fall in the average wealth holdings of Australians aged under 45 for the same period. The average picture for older Australians masked major differences among them, as the top 25% recorded the highest increase in both their income and their wealth. The growing differences in the resources available to older Australians raises many questions for policy makers as they grapple with the issues associated with population ageing and how to finance the future health and care needs of the ageing baby boomers. (RH). |
| Accession Number | CPA-030715201 E |
| Classmark | F:W: JD: JF: JKH: 7YA |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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