Challenges and Opportunities of Ageing Population in Australia

Ageing population

Overview of the issues
 The aging population is the term that is considered to define changes in
the age distribution of the population toward persons of elder ages (Fried
et al., 2004). This specific issue is not restricted to a county or city; it is an
international concern, including Australia (Alsnih, and Hensher, 2003). The
aging population has been raised in last few years by 23 per cent.

Growing population of Australia
Growing population is the main issues in
Australia. Most of the sectors are populated
with the ageing staff which ultimately reducing
the productivity and service delivery

Impact of aging population on Aged
care industry
The ageing population affecting the healthcare
industries and decreasing the quality of the
health care services. According to Harris and
Sharma, (2018) Aged issues can cause a straight
impact on the development of health expenditure
however is probable to be dwarfed by additional
demand and resource influences

1. Finance Pressures for Services
The population development and elderly
population may mean extra populations
entering services. Residential elderly upkeep
is the $14 billion business that is extremely
controlled and reliant on Federal Government
backing for functioning revenue (Productivity
Commission, 2005). The business has
practiced development over past few years
and is probable to be constant to do so as an
aged population pushes demand for its
facilities.

2. Care Requirements Becoming Extra
Multifaceted
The requirement of aged care in aged care
industry is now turning into a complex
problem