Caring costs us: the economic impact on lifetime income and retirement savings of informal carers
The focus of this report is on highlighting the economic impact of unpaid care - specifically, lost income during working life and the longer-term reduction in accruing superannuation, which affects retirement savings. In economic terms this is called the ‘opportunity cost of caring’.
Medium- and long-term pressures on the system: the changing demographics and dynamics of aged care
This paper outlines how demographic, social and economic pressures will impact upon aged care in Australia.