Discovery Projects - Grant ID: DP210101195

Funding Activity

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Funded Activity Summary

Forecasting and Financing Healthy Ageing and Aged Care in Australia. This project aims to quantify future risks of chronic illness and functional disability in retirement, proposing financing strategies aimed at enhancing healthy ageing, lifestyle quality and aged care provisions. The project devotes to devising a framework integrating government and private sector participation in funding health costs which increase significantly in older ages. The expected outcome includes sustainable retirement income scenarios for easing fiscal pressure from social initiatives such as age pension and aged care financing at the same time improving living standards for seniors. The project expects to place Australia at the forefront of research on sustainable solutions to financial challenges facing retirees.

Funded Activity Details

Start Date: 06-2021

End Date: 05-2024

Funding Scheme: Discovery Projects

Funding Amount: $386,139.00

Funder: Australian Research Council