Trends in the Incomes and Assets of Older Australians

Ann Harding, Anthony King, Simon Kelly

    Research output: Book/ReportAnthology

    Abstract

    Between 1986 and 1997 the average wealth of older Australians almost
    doubled from $106 000 to $204 000. This was in sharp contrast to the fall
    in the average wealth holdings of Australians aged less than 45 years
    over the same period. The average picture for older Australians masked
    major differences among them, as the top 25 per cent of older
    Australians recorded the highest increases in both their income and their
    wealth. The growing differences in the resources available to older
    Australians raises many questions for policy makers, as they grapple
    with the issues associated with population ageing and how to finance
    the future health and care needs of the ageing baby boomers.
    Original languageEnglish
    Place of PublicationCanberra
    PublisherNATSEM
    Number of pages29
    ISBN (Print)1 74088 0366 6
    Publication statusPublished - 2002

    Publication series

    NameNATSEM Discussion Paper Series
    PublisherNATSEM
    No.58
    ISSN (Electronic)1443-5101

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    Cite this

    Harding, A., King, A., & Kelly, S. (2002). Trends in the Incomes and Assets of Older Australians. (NATSEM Discussion Paper Series; No. 58). Canberra: NATSEM.