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Economics3h 18m ago

Fresh 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.

Australia

Who
KPMG, Terry Rawnsley, older workers
What
Fresh 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.
When
Wed, 17 Jun 2026 10:02:54 GMT · 3h 18m ago
Where
Australia ·
Why
Australia's labour force participation rate has stalled compared to global peers, costing the national economy an estimated $29 billion annually.
The Frontline Impact

How this affects you

Incorporating 240,000 older workers could add $29 billion to Australia's economy, reduce skills shortages, and ease inflationary pressures by increasing productivity.

Story chain

2 events in this thread
  1. Currently Reading3h 18m ago
    Fresh 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.
  2. Economics3h 18m ago
    New research by KPMG found that Australia's economy could gain $29bn annually by improving access for older workers to employment opportunities.
    Open article

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