One of the biggest demographic groups driving this change is the increasing number of Baby Boomers now reaching retirement age. This group is more well off, more mobile, active and independent than previous generations of retirees. Ninety years ago the over 55s represented 10% of our population. They now represent 25% of a much larger population but this is likely to lift to 40% of Australia’s population at the end of the century.
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The Urban Taskforce regularly releases information on the challenges facing the property development industry and our responses to it.
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