An Australian Government Initiative

Regional Development Australia

Ageing and work in regional Australia: Pathways for accelerating economic growth

26 October 2017

The Regional Australia Institute has released a report providing an insight into ageing and the workforce in regional Australia.

In a preview of what is coming for the nation, the report notes that Australia’s oldest regions are experiencing a growing pension crisis with some regions already having 20 per cent of the population reliant on the age pension.

Lower growth, lower incomes and a higher welfare and services bill are the results for these regions.

The good news is that the Regional Australia Institute’s work shows if we can engage a higher proportion of older people in work, a significant lift to local incomes and economic growth and a lower pension bill for the Government should follow.

Further information can be found in the report Ageing and work in regional Australia: Pathways for accelerating economic growth and accompanying Data Tool.

Two people dressed in work grear holding plans and examining.

Image source: Regional Australia Institute