Australian social researchers McCrindle have looked at the Aged Care Industry in a recent report.
“In the next 30 years Australia will see an unprecedented rate of growth of the over 85s in our nation. In 2044 there will be 1.2 million more people aged over 85 than there are today, and the average older Australian will live 5 years longer than today which equates to adding 6 million more years of care just for the increased number of over 85s and just to manage their increased life expectancy.”
You can read the full report here:
You can see their infographic here:
Demand vs. Supply: The Aged Care Puzzle (Infographic – .pdf)