What impacts will an ageing population have?

An ageing population could lead to a shortage of workers and hence push up wages causing wage inflation. Alternatively, firms may have to respond by encouraging more people to enter the workforce, through offering flexible working practices.

Does New Zealand have an ageing population?

New Zealand has an ageing population. This is one of three demographic trends that characterise recent changes in New Zealand’s population structure: declining fertility, the ageing of the baby boom generation and an increase in average life expectancy.

Does Australia have an ageing population?

Like most developed countries, Australia’s population is ageing as a result of sustained low fertility and increasing life expectancy. This has resulted in proportionally fewer children (under 15 years of age) in the population and a larger proportion of people aged 65 and over.

How is the ageing population affecting New Zealand?

Demographic projections lOver the next fifty years the population aged over 65 years will more than double to 1.18 million lthe largest increases will occur during the 2020s and 2030s lBy 2050 only 28 percent of the population will be younger than 40 years Four Views on Ageing lThe Bible lWilliam Shakespeare lErik Erickson lMaori

What are the demographic trends in New Zealand?

New Zealand has an ageing population. This is one of three demographic trends that characterise recent changes in New Zealand™s population structure: declining fertility, the ageing of the baby boom generation and an increase in average life expectancy.

How did immigration affect the rate of ageing in Australia?

While Australia boosted immigration to slow its rate of ageing from around the Year 2000, Japan maintained very low levels of immigration. Combined with lower fertility, low immigration has led to Japan ageing quickly. Its working age to population (WAP) ratio has fallen almost ten percentage points since this peaked around 1990.

How is the ageing population in Australia 40?

THE AGEING POPULATION IN AUSTRALIA 40 in terms of what motivates workers and what their expectations are. organisations may be able to attract an d retain an age-di verse workforce. increasing life expectancy (ABS, 2014). This is illustr ated by an increase in 2016a).