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Economics4h 35m ago
New research by KPMG found that Australia's economy could gain $29bn annually by improving access for older workers to employment opportunities.
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Australia
Who
KPMG, Terry Rawnsley, older workers
What
New research by KPMG found that Australia's economy could gain $29bn annually by improving access for older workers to employment opportunities.
When
Wed, 17 Jun 2026 10:02:54 GMT · 4h 35m ago
Where
Australia ·
Why
Australia's labor force participation rate for older workers is low compared to global peers, partly due to the availability of pension, superannuation, and private savings allowing earlier retirement.
The Frontline Impact
How this affects you
Engaging 240,000 older workers could significantly reduce Australia's skills shortages, boost national productivity, and help alleviate inflationary pressures.
Story chain
2 events in this thread- Economics4h 35m agoFresh research released by KPMG found the Australian workforce is missing a trick by not embracing older workers, suggesting that getting people aged 55 to 65 back into the workforce could help combat the national skills shortage.Open article
- Currently Reading4h 35m agoNew research by KPMG found that Australia's economy could gain $29bn annually by improving access for older workers to employment opportunities.