Aged care is a multibillion dollar industry in Australia. Comprising multiple services ranging from at-home support, through to high-need care in nursing homes, the aged care sector is a complex system covering private, government-funded and not-for-profit organisations. It’s also one of the largest employers in the country, accounting for over 200,000 direct care workers.
If you’re considering a career in caring for the elderly, join us as we explore the future of aged care and the biggest drivers of change shaping the sector.
Australians tend to live longer these days, boosting the number of older people throughout the country. In 2017, around 15% of Australians were aged 65 or over. By 2057, the over-65 age bracket is predicted to account for 22% of the population (according to the Australian Institute of Health and Welfare). This means millions more people will require aged care in the coming decades. As the percentage of older Australians continues to grow, so too will the aged care workforce. Job Outlook predicts the number of aged care jobs will rise from 175,800 in 2018 to 245,000 by 2023, offering an increasingly high standard of job security to qualified carers.
Baby boomers have the highest net worth of any generation in Australia, putting them in an influential position when it comes to the future of aged care. As this wealthy demographic grows older, many of them will expect to receive (and be able to pay for) a higher standard of care.
From lifestyle amenities like swimming pools and golf courses, to the level of independence they’re able to enjoy, many aspects of aged care could be transformed by baby boomers. Backed by their property assets and superannuation funds, they’ll have the means to fund a lifestyle that allows them plenty of enjoyment and autonomy. They’ll also expect to be taken care of by highly qualified professionals, making it even more important for carers to undertake formal training.
From health-monitoring devices to aged care comparison websites, technology is evolving many features of the aged care industry. One of the greatest benefits associated with the rise of technology is that administrative tasks can now be completed more easily. This will leave carers with more time for attending to the emotional needs of residents, making their jobs more rewarding and easier to perform at a high standard.
If you think the future of aged care is headed in the right direction, get qualified with MyPath Education’s Certificate III in Individual Support or Certificate IV in Ageing Support. Please phone our office on 07 3489 7777 to discuss this course in more detail or enquire online today.