“The report identifies just how many barriers older people can face when it comes to getting and retaining satisfactory employment,” said Ian Day, COTA NSW CEO.
Mr Day noted how significant many of the report’s findings were. “The report does an excellent job of illustrating how ageism, a lack of workplace flexibility, poor superannuation and tax arrangements can work to lock older people out of employment, and notes how this can lead to terrible hardship for older people.”
“It also highlights the perversity of the current situation. According to the report, improving older people’s participation in paid work by five per cent could increase GDP by $48 billion annually.”
Congratulating the Age Discrimination Commissioner Susan Ryan, Mr Day also lauded the report’s calls for the appointment of a Minister for Longevity. “COTA NSW, like other COTAs, has been calling on governments at all levels to begin looking at population ageing in a strategic, holistic manner for years. The appointment of a Minister for Longevity would be an excellent step in the right direction.”
To read the full report, click here