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'Care' economy to balloon in an Australia of 40.5 million: Intergenerational Report

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra
'Care' economy to balloon in an Australia of 40.5 million: Intergenerational ReportShutterstock

Australia’s care economy could increase from its present about 8% of GDP to about 15% in 40 years, according to the government’s Intergenerational Report, to be released by Treasurer Jim Chalmers on Thursday.

The projections say in four decades’ time Australians will be living longer, with more years in good health -...

Read more: 'Care' economy to balloon in an Australia of 40.5 million: Intergenerational Report

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