A new report from Standard & Poor's (S & P) Ratings Services shows ageing populations impacting on economies around the globe and ultimately determining their fiscal health. The report 'Global Ageing 2010: An Irreversible Truth' covers 49 countries and more than two-thirds of the world's population. The Australian analysis estimates age-related spending on health, pensions, and aged care to rise to 14.4% of gross domestic product (GDP) in 2050 from its current 9.6%.
http://www.thesourcetoday.com.au/p661_S-P-Ageing-population-will-determine-national-fiscal-health.html
Opinion
These new retirement villages show providing care is here and now
Gone are the days when retirement living was defined by community centres, swimming pools and bowling greens. While these amenities still exist – the provision of care is now a core part of the value proposition. Hyegrove Willoughby on Sydney’s...
