What does the future hold for aged care employment?
Australia's population is getting older, a fact that is likely to challenge the country's aged care facilities if they don't react soon. According to the Treasury, the number of Australians over the age of 65 is set to double by 2055 as the life expectancy for men climbs to over 95.
Naturally, this is likely to result in an influx of aged care employment as more staff are required to take care of a larger group of people. Deloitte recently produced research that highlights the expected focus this employment will take, with consumers forecast to take the lead.
According to Deloitte, there are a number of upcoming regulatory reforms that will give consumers the power to choose the aged care services that best suits them, which could move the focus from retirement homes.
These services could then shift to a home care package service, a trend that Deloitte noted is already making its mark on the industry. In 2013, around 66,000 elderly people across the country made use of these services. Deloitte expects this figure to grow to nearly 100,000 by 2018, a 51.5 per cent increase.
Time will tell how many Australians will be requiring this service once the country's population age hits its peak.
Deloitte Access Economics Partner Lynne Pezzullo believes this could challenge service providers, but ultimately reward employees who can keep up with the changes.
"Changes in both disability and aged care have heralded the dawn of a new era," she said.
"Citizens' expectations of being in control of their wellbeing and selecting services that are valuable to them is growing, so it is only a matter of time before the bastion of healthcare is also challenged."
Deloitte is predicting these changes to be more noticeable from 2017 onwards, due to the Consumer Directed Care reform's implementation in 2015.