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Issue No. 175 | 24 April 2003 |
Domestic Relations
Interview: Picking Up The Peaces Unions: The Royal Con National Focus: Around the Grounds Economics: The Secret War on Trade International: United Front History: Confessions of a Badge Collector Politics: Stalin�s Legacy Review: Such Was Not Ned�s Life Poetry: Osama's Top Recruiter Satire: Woolworths CEO Denied Bonus After Company Posts Profit
Medicare Bombshell � Bosses To Pay Another Cole Man Bites The Dust Legal Tussle Looms Over Email Laws Recycled Training Stitch-Up Exposed Contractors Code Fires a Blank Sweet Talk � Big Business Style Bosses, Workers Unite on Grey Threat ANZ Workers Want Cut of Billion Dollar Profit Union Exhibition for Wollongong Howard Attacks Education - Again
The Soapbox The Locker Room Culture Postcard
Robert's Conquest? Success Breeds Contempt Join the Dots Still Walking
Labor Council of NSW |
News Bosses, Workers Unite on Grey Threat
The ACTU and Business Council of Australia have agreed to work together to try and ensure better "mature age" employment opportunities in the wake of a joint report - Age Can Work: The Case for Older Australians Staying in the Workforce - which points to massive upheaval if Australia doesn't plan for a rapidly ageing population. The peak bodies have agreed to promote workplace changes to combat age discrimination and support older workers. ACTU president Sharan Burrown and Business Council chief executive Katie Lahey pointed out that over the past 10 years 1.4 million new entrants had joined the workforce while that figure would fall to only 120,000 for the decade beginning 2020. "As a result, while there are currently six working Australians supporting each retired person, by 2025 the ration will be one to three," they said. "Estimates put the cost of Australia's ageing workforce at $27 billion in lost economic growth and spending each decade. Health, welfare and pension systems will be ill-equiped to support a growing class of retired Australians," they warned. Burrow and Lahey called for "signficant cultural change" to bread down stereotype about older workers and retirement and urged support for those who want to stay at work longer, whether to maintain or incomes or for fultillment. The joint report, authored by University of NSW Emeritus Professor Sol Encel, found that older workers were discrimated against despite anti-discrimination laws in all states and territories. "For too many mature workers retiring early is not always voluntary," Encel said. " Older workers, particularly men, have been vulnerable to downsizing and restructuring."
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