Even considering the ageing population and the bigger cost of looking after older people.

Ageing population no burden to the future rich Living standards increase simply by up to 35 percent over the next 25 years, even considering the ageing population and the bigger cost of looking after older people, regarding to a Melbourne economist. Professor Ian McDonald of the Division of Economics at the University of Melbourne, offers warned it is unreasonable to question people today to make sacrifices for people in the future who will be better off medication information . Professor McDonald offers been researching the implications of an ageing people for the future overall performance of the Australian economy and concludes that the ageing human population isn’t a threat to living criteria, which may reasonably be likely to grow at a healthy rate, even though the population will age.