Care and support services for an ageing population has been flagged as a major theme impacting Australia’s economy and society over the next 40 years.
The government’s recently released 2023 Intergenerational Report highlights the impact of Australia’s ageing population and the rising demand for aged care and support services on future economic growth.
The ageing population is expected to reinforce the trend towards a services-based economy, with the care and support sector and its workforce potentially doubling over the next 40 years.
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