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Submitted By jasminedinh1996
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Australian Government – The Treasury. (2014). Appendix – the economic implications of an ageing population. Retrieved from http://demographics.treasury.gov.au/content/_download/australias_demographic_challenges/html/adc-04.asp This article examines the implications of the economy on Australia’s ageing population and provides a clear summary on the issue of an ageing population, reasons why this is the case and the concerns with the ageing population. Immigration levels have also been addressed in this study. Additionally, population distribution in other countries has been shown through a chart.

This insightful study proposes that the rapidness of which the population is ageing has become of concern to the government and will become an issue for the future of our society. This is assumed to be a permanent change as fertility rates and the age structure of the population has been and still is gradually changing to a much higher percentage of older Australians. Two significant factors that have led to this ageing population include the decline of birth rates in Australian families and the second factor is the increase of life expectancy. The Government has attempted to provide a solution to the decline in birth rates by changing taxes and providing benefits for family assistance. The population age is also unstable in other countries such as the United States, Canada, France and Japan as seen in this study.

This significance of this article was to provide information on the economic implications of an ageing population, which is accessible by the Australian public. It explains the issue and provides thorough insight as to why the ageing population has become such an issue whilst providing information on what the Government is currently imposing to address this matter and their future plans that they may be utilising. Data such as graphs and have also been

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