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The Age Care Industry in Numbers

Medicine and technology has been continually evolving over the years. As a result, there has been a significant improvement in mortality rates the world over. In Australia too, people are living longer lives. As a result, age care nursing homes have been witnessing a spurt in demand.

Estimates suggest that:

  • Approximately 1.6 million older Australians will access age services each year by 2023
  • This number is up quite significantly from the figure of approximately 880,000 in 2009

Naturally, the industry will need to ramp up significantly to meet this demand. Therefore, based on current projections, the workers in the age care sector will probably touch the 400,000 mark in 2025. In contrast, there were an estimated 210,000 workers in 2010.

Another report mentions that:

  • The Australian Government spends over $14 billion on age care each year
  • This amount will probably increase to the $17.5 billion mark annually by 2016-17
  • At present, over one million people receive aged care services, of which over 50 percent receive “at home” support
  • There are approximately 2.7 million unpaid carers in Australia, of which a significant number comprise family members
  • The aged care sector provides employment to about 350,000 staff spread over some 2,100 aged care providers

Therefore, as a large chunk of the population ages, the demand for proper aged care facilities will continue to grow.