Housing affordability: the use and misuse of reverse mortgages by older households. Many retirees are without compulsory superannuation although daily living costs have risen substantially. As additional workers in the 'baby boom' generation retire and less tax will be paid to the government, it appears there will be increasing pressure placed on the pension system. A large proportion of the population may struggle to enjoy a fulfilling retirement and be drawn towards a reverse mortgage, which ....Housing affordability: the use and misuse of reverse mortgages by older households. Many retirees are without compulsory superannuation although daily living costs have risen substantially. As additional workers in the 'baby boom' generation retire and less tax will be paid to the government, it appears there will be increasing pressure placed on the pension system. A large proportion of the population may struggle to enjoy a fulfilling retirement and be drawn towards a reverse mortgage, which in turn may be misunderstood. With an increasing proportion of older residents leaving the workforce, the community would be adversely affected if this cohort required government financial assistance due to the misuse of home equity loans.Read moreRead less
Population ageing, labour mobility and sustainability of China's economic growth - a dynamic general equilibrium analysis. China is Australia's second largest trading partner. This project will enable Australian policymakers and business partners to gain better understanding of China's macroeconomic performance between 2008 and 2030. Secondly, China is the second largest source of immigrants to Australia. Given that Australia's population is ageing and labour shortages are expected, Australia ma ....Population ageing, labour mobility and sustainability of China's economic growth - a dynamic general equilibrium analysis. China is Australia's second largest trading partner. This project will enable Australian policymakers and business partners to gain better understanding of China's macroeconomic performance between 2008 and 2030. Secondly, China is the second largest source of immigrants to Australia. Given that Australia's population is ageing and labour shortages are expected, Australia may benefit increasingly from the flow of Chinese immigrants. The project will provide Australian policymakers with detailed labour supply forecasts in China disaggregated by age, sex, sector and region that will enable them to develop targeted immigration policies and effectively harness the flow of Chinese emigrants to Australia.Read moreRead less