Connect with us

National

Baby Boomers won’t cop it: Ken Henry’s aged care warning – The Sydney Morning Herald

Ken Henry was uncomfortable during his tenure as Treasury secretary about the way vulnerable individuals experience the aged care system, and he remains so.

Published

on

Successive intergenerational reports identified aged care as the fastest growing component of government expenditure. The fiscal burden was expected to increase as age expectancy increased, treatments advanced and the Baby Boomer bulge moved into aged care, Dr Henry said. Even a decade ago, he could see the system was unsustainable.
“It’s underfunded, it’s under-resourced and it will not be tolerated. It seemed to me that the Baby Boomers, which is a very politically powerful cohort, would not …

Click here to view the original article.