We are only now starting to understand what a terrible waste of human capital this situation represents; a loss to the national economy and to businesses large and small, and a loss to the individual who is pushed out of the workforce prematurely. (PLACE A QUOTE HERE)
Many older Australians are choosing to remain within the workforce for longer to enhance their financial security and to ensure an adequate standard of living during a historically longer duration of retirement. We must not fall into the trap of viewing an ageing population as a burden. ‘Older people’ will be critical to maintaining the economic growth and underpin the advances in our standards of living and quality of life.
Older workers contribute knowledge and skills based on years of experience and expertise. We need such people working and contributing to our economic growth. People who work longer accrue more superannuation savings and are less reliant on the pension during retirement. With older Australians participating within the workforce retains their invaluable skills, knowledge and experiences and assists in addressing the economic implications of a growing and ageing