<description>Australia's population aged 65 and over is set to double by 2060, creating significant pressure on the federal budget and aged care system. Perth suburbs including Rockingham, Mandurah and Kalamunda are experiencing rapid ageing, with over 26% of residents already aged 65 or older. The federal government currently spends $98 billion annually on pensions and aged care, with experts warning of a worsening crisis without a comprehensive 10-year planning strategy.&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

7News Just In

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Australia's ageing population crisis looms

JUN 11, 20262 MIN
7News Just In

Australia's ageing population crisis looms

JUN 11, 20262 MIN

Description

Australia's population aged 65 and over is set to double by 2060, creating significant pressure on the federal budget and aged care system. Perth suburbs including Rockingham, Mandurah and Kalamunda are experiencing rapid ageing, with over 26% of residents already aged 65 or older. The federal government currently spends $98 billion annually on pensions and aged care, with experts warning of a worsening crisis without a comprehensive 10-year planning strategy.See omnystudio.com/listener for privacy information.