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Care economy

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Care economy
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Strategy

National carer strategy 2024-2034


The strategy highlights the social and economic contributions of Australia's 3 million informal and unpaid carers, emphasising their need for greater recognition, support, and empowerment. It provides a framework for co-designing, developing and delivering actions to improve the lives of carers. Next steps for the strategy are laid out in the accompanying action plan.
Report

State of the sector: aged care 2024


An in-depth analysis highlighting the challenges facing the aged care sector in Australia – including funding, workforce, reform, and what the priorities are for a better future. The report emphasises the critical need for well-designed and funded reform, revealing that seven out of ten aged care providers are worried about Australia’s readiness for an ageing...
Briefing paper

What if we didn't care? Implications of growth in the care economy for the broader macroeconomy


This paper provides an analysis of structural problems the economy is facing as a result of the rapid expansion of the care sector, which now employs 15 per cent of Australia’s workforce – up from 10 per cent in the early 2010s. The authors observe that growth in the care economy has not been assisted...
Briefing paper

Care and support economy – state of play


The care and support economy is one of the fastest growing parts of the Australian economy. To meet growing demand, a significant reform agenda is underway across different parts of the sectors that make up the care and support economy. This state of play provides a summary of the approach and progress toward achieving the...
Report

The future of the care economy: white paper


In the face of recent global crises, the essential role of the care economy has surged to the forefront of economic and social policy discussions. This white paper calls on leaders worldwide to prioritise the care sector. It sheds light on the state of the care economy, emphasising its critical importance to economic growth and...