Sunday, 4 June 2017

An ageing population may not necessarily be lowering the dependency ratio

A few years back Ross Gittins wrote a column Australia's ageing population need not be a burden on taxpayers in which he argued that Australia needn't worry about the economic affects of our ageing population. This is because the actual dependency ratio is not changing. Children are also dependants, and as we age the proportion of children in the population is declining, offsetting the increase in older dependants.

He based his column on the paper ‘The ageing of the Australian population: triumph or disaster?’ by Katharine Betts, Adjunct Associate Professor of Sociology at Swinburne University of Technology.

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