older Australians

Older Australians are working longer and delaying retirement, with the retirement system described as 'unfit' for a population that is living and working longer. Commentators argue the current settings no longer match longer lifespans and later workforce exits, prompting debate about how superannuation and retirement policy should adapt.

New projections suggest Australia's population in 2066 will be larger, older and wealthier than today, but the benefits will not be evenly shared. Commentators warn the housing divide between homeowners and renters will widen further, with property ownership increasingly concentrated among older, wealthier households and affordability pressures deepening for younger Australians.