Over the past 40 years, Australia has enjoyed strong economic performance, underpinned by a growing population and a series of major reforms. This economic success has greatly enhanced our quality of life. Average incomes have doubled in real terms since 1975, with this increased wealth shared broadly across the community. As a result, Australian families enjoy access to a well-functioning[Read More…]
The Chinese mainland’s growing ageing population is more free-spending and more tech savvy than is generally perceived, according to a focus group study published today by the Hong Kong Trade Development Council’s (HKTDC) Research team. To highlight business trends and opportunities related to the mainland’s elderly, or so-called “silver” market, the HKTDC conducted focus group discussions in four mainland cities:[Read More…]
![Spaces for all ages in Australia [Report]](http://www.globalagingtimes.com/aging/wp-content/uploads/2015/07/space_for_all_ages.jpg)
Population, participation and productivity. These are the ‘three Ps’ which feature in Australia’s intergenerational reports as the means to ameliorate the negative economic implications of an ageing society. The 2015 Intergenerational Report (IGR) invoked the three Ps as a means to resolve the government’s self-described ‘challenge of change’. The challenge of change narrative is based around declining taxation revenue as a[Read More…]
HAL 5 or Hybrid Assistive Limb 5 is a robot suit (aka artificial powered exoskeleton) developed by Yoshiyuki Sankai who is the professor of Tsukuba University of Japan. HAL 5 is currently capable of allowing the operator to lift and carry nearly twice as much weight as they could lift and carry unaided ;
In 2050, the population of senior citizens in China will reach 400 million, representing more than one quarter of the country population. The 16th conference of the International Federation of Senior Citizen Associations has figured out that China is the country in the world with the fastest ageing process. Li Bengong, chairman of China National Committee on Aging, said at[Read More…]
As the twentieth century ends and we begin to move through the twenty-first century, Australia and other nations such as Canada, Japan, Great Britain, New Zealand, Western Europe and the United States will begin to experience one of the greatest demographic movements and cultural shifts of focus in history. As this great wave breaks around 2021, the focus of the Australian population will[Read More…]
Radio broadcasts are an extremely popular source of information, particularly with the elderly. However, hearing abilities decline as people ages, and many senior citizens complain that they can “hear the broadcast but don’t understand what’s being said because it goes by too fast.” This radio was designed to meet the increasing need for easy-to-understand audio. The “RA-BF1” features large-font, easily[Read More…]
In the face of rapid population ageing and the trend towards early retirement, there is a need to promote better employment opportunities for older people. Much has been said about the need for reform of old-age pensions and early retirement schemes but this may not be sufficient to raise employment rates for older people significantly or to reduce the future[Read More…]
The National Policy of Older Persons of 1999 outlined the fact that improved life expectancy has contributed to an increase in the number of persons 60+ from only 12 million persons in India in 1901, the number crossed 20 million in 1951 and 57 million in 1991. Population projections for 1996-2016 indicate that the 100 million mark is expected to[Read More…]
The 50-somethings are reshaping the labour market. Over the past decade, ageing baby boomers in the over-55 year age bracket have increased their share of the workforce from 8 per cent to 11.5 per cent, with their job growth in some years topping 10 per cent, an Age/Sydney Morning Herald study has found. The employment forecast has found that there are now[Read More…]
