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Home > Ministers > The Hon Justine Elliot MP, Minister for Ageing > Media Hub > New Research: By 2060 – Average Aussie Woman Will Reach 90 Years New Research: By 2060 – Average Aussie Woman Will Reach 90 YearsPDF printable version of New Research: By 2060 – Average Aussie Woman Will Reach 90 Years (PDF 26 KB)
Department of Health and Ageing data also shows that people who reach 100 have a greater chance of reaching their next birthday than ever before. Remaining Life Expectancy at Age 100 (Australia)
Currently two in every 10,000 people are aged at least 100. By 2050 this will be 23 in every 10,000 people. Currently, there are 2,860 Australians over the age of 100 and that is expected to increase to 78,000 by 2055. Centenarians are the fastest growing age segment of the Australian population. Their numbers have increased by 8.5 per cent a year over the past 25 years. Ninety-three (93) per cent of Australians over 100 are between 100 to 104; 6.3 per cent are 105-109 and 0.3 per cent are over 110 years. There was an increasing demand meaning that Australian government expenditure on aged care could rise from the current three per cent of total Commonwealth revenues today to nine per cent by 2050, if current policy settings remain unchanged. The United States is facing the same issue. Medicaid – which 70 per cent is spent on the elderly – is the largest single expenditure in 22 out of 50 American States (source: National Association of State Budget Officers). In New York State, Medicaid accounts for 29.2 per cent of entire State budget and in Tennessee, it is 35.7 per cent. Mrs Elliot said the Australian Government was responding to the challenges of an ageing population and the impact on our society. The Australian Government is investing in aged and community care. Over the next four years, funding for aged and community care will reach record levels of more than $40 billion - with $28.6 billion of that on residential aged care alone. “No government in Australian history has spent more on aged care and community care than this one. We are proud of our plans for aged and community care,” Mrs Elliot said. “This is about planning for Australia’s future and the challenges of the 21st century. “We want to ensure that older Australians can live independent lives and age in their own homes, but also have the option to enter aged care homes if they need to,” Mrs Elliot said. Media contact: Patrick Muhlen-Schulte – (02) 6277 7280 or 0403 131 300
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