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Australian Officials Worried about Infrastructure for Aging Population


By 2050, one in five Australians will be over 65 and begin drawing on their retirement savings, which may have far-reaching implications on the economy, warn the country’s executives. It is expected that the amount of money flowing out of super funds will begin to exceed the amount of money flowing into them.

 

More than 95% of CEOs were not confident that Australia’s approach to infrastructure would meet future needs.

 

For more information, go to http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10664831.




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