This statistic depicts the number of workers for each retiree in Australia in 2002, 2015 and 2054. According to the source, in 2015, there were 4.5 people in the workforce for each retiree. As the income tax that workers pay contributes to a variety of social services, a reduction in the number of workers per retiree may contribute to underfunding in health and social services. Australian government spending on older Australians has increased over the last 10 years, while spending on younger Australians has decreased.
Comparison of the number of workers for every one retiree in Australia in 2002, 2015 and 2054
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FYA. (June 15, 2016). Comparison of the number of workers for every one retiree in Australia in 2002, 2015 and 2054 [Graph]. In Statista. Retrieved October 14, 2024, from https://www.statista.com/statistics/693367/australia-number-of-workers-for-each-retiree/
FYA. "Comparison of the number of workers for every one retiree in Australia in 2002, 2015 and 2054." Chart. June 15, 2016. Statista. Accessed October 14, 2024. https://www.statista.com/statistics/693367/australia-number-of-workers-for-each-retiree/
FYA. (2016). Comparison of the number of workers for every one retiree in Australia in 2002, 2015 and 2054. Statista. Statista Inc.. Accessed: October 14, 2024. https://www.statista.com/statistics/693367/australia-number-of-workers-for-each-retiree/
FYA. "Comparison of The Number of Workers for Every One Retiree in Australia in 2002, 2015 and 2054." Statista, Statista Inc., 15 Jun 2016, https://www.statista.com/statistics/693367/australia-number-of-workers-for-each-retiree/
FYA, Comparison of the number of workers for every one retiree in Australia in 2002, 2015 and 2054 Statista, https://www.statista.com/statistics/693367/australia-number-of-workers-for-each-retiree/ (last visited October 14, 2024)
Comparison of the number of workers for every one retiree in Australia in 2002, 2015 and 2054 [Graph], FYA, June 15, 2016. [Online]. Available: https://www.statista.com/statistics/693367/australia-number-of-workers-for-each-retiree/