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Australia Not Ready for ‘Tsunami’ of Retirees: Peak Body

New analysis reveals that the proportion of Australians aged 75 and above would soar by 49 percent to over 3.2 million by 2034.
Australia Not Ready for ‘Tsunami’ of Retirees: Peak Body
An elderly couple walk on the street in Sydney, Australia, on June 2, 2016. Brendon Thorne/Getty Images
Alfred Bui
Alfred Bui
12/30/2024|Updated: 12/30/2024
0:00

A peak retirement living body has warned Australia is ill-equipped to deal with a rapidly ageing population.

The Retirement Living Council (RLC) released analysis showing the proportion of Australians aged 75 and above would soar by 49 percent by 2034.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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