Tuesday, 17 February 2026

Poverty Rate 50 Percent for Australia’s Over 65 Singles: OECD

How many people can afford to buy into a village? A new OECD report this week revealed Australia has the fourth highest relative income poverty rate for people aged 65 and over in western economies, following a 4.6 percent increase since the...

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by The Weekly Source

How many people can afford to buy into a village? A new OECD report this week revealed
Australia has the fourth highest relative income poverty rate for people aged 65 and over in
western economies, following a 4.6 percent increase since the mid-1990s. For singles in this
age group, the income poverty rate is 50 percent – the highest in the OECD. In contrast,
poverty rates for seniors in most OECD have declined during this period.

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