Productive Ageing Package announcement
Source: Australia. Minister for Employment Participation. Treasurer. Joint Media Release
"The Rudd Government today launched a new $43.3 million Productive Ageing Package to provide vital training and support for older Australians who want to stay in the workforce. Treasurer Wayne Swan and Minister for Employment Participation Mark Arbib today announced the new measures which harness the tremendous skills and experience of older Australians. Australia’s mature age participation rate is below that in other comparable economies like the United States, United Kingdom, Canada and New Zealand. The 2010 Intergenerational Report, Australia to 2050: Future Challenges, highlights the importance of addressing this issue and the need to make the most of a proportionately smaller workforce as the workforce ages."