March 2014

Centre Director's Message

One of the value adds of CEPAR is its critical mass and capacity to reach out to the central players charged with responding to the ageing demographic. Too often good research stays with the researcher or research community. This is true of applied research as well as theoretical work. And it is a two way experience - researchers discover that when they do reach out, it helps them formulate their research questions more precisely to meet the needs of the people who will actually apply the research.

This month’s newsletter features two examples of CEPAR engaging with the professional and business community. Hal Kendig, an Aged Care policy expert, delivered a lecture at a CEDA conference, alongside Minister Fifield. I participated in a Q&A session, at the Australian Institute of Superannuation Trustees Conference, that featured a live twitter feed on the screens in front of us as we spoke. 

Professor Atsushi Seike, the President of Keio University in Japan, said last week at a conference in Hong Kong I attended, that it is the responsibility of the academic to be like a shepherding goose, flying high and looking ahead to warn of challenges before they are upon us. It is important to do that, but to sound a warning effectively, communication is key.     

Director's Spotlight: Hal Kendig presents at CEDA

Hal Kendig recently presented a paper on aged care policy at a Committee for  Economic Development of Australia (CEDA) forum in Melbourne. Also presenting was Federal Minister for Ageing, Mitch Fifield. 

Professor Kendig's presentation discussed how Australia might make the most of the Living Longer, Living Better reforms by taking a five year view and moving beyond controlled, centralised programs and focus instead on quality of life outcomes. 

He also raised the issue that economic restraint and unmet need will require more contributions from those who can afford it. Without this, rationing of services may occur that will disadvantage those most in need. 

Professor Kendig argued that "We can do it better, more efficiently through person centred and ‘whole of government’ approaches, with coherent regional systems of support and care."


'Age Quake' Q&A panel at AIST Conference

John Piggott featured in a Q&A panel hosted by Tony Jones at the Australian Institute of Superannuation Trustees Conference on the Gold Coast in March. 

Professor Piggott provided a moderate view on the panel of the so-called 'Age Quake' in Australia, arguing Australia was in a good position to address the issues of population ageing compared to other OECD countries.

"Our age pension is 3.6% of GDP now and is expected to rise to 4.9% of GDP by 2050. In Germany, it is 10% already and expected to rise to 13% by 2050." 

"They are two quite different positions. Australia is ageing more slowly and we are in better shape, policy wise, than many of our international counterparts."

Professor Piggott did warn against complacency  as we come to the end of the demographic dividend. 

"As the working age population gets smaller income tax cuts will become a thing of the past. There is no doubt costs will go up, but with some planning and preparedness, Australia is well placed to meet the challenges."

ERA Keynote: Kaarin Anstey

CEPAR Chief Investigator Kaarin Anstey has been announced as this year's keynote speaker. The 2014 Emerging Researchers in Ageing Conference theme will be 'Making research matter'. With her distinguished academic career pioneering research in the area of cognitive decline, Kaarin will have a valuable perspective to offer at this year's Conference. 


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Researcher profile

Meet economist  Erik Hernaes who is visiting  from the Frisch Centre in Oslo.



Featured research
Individual Judgment and Trust Formation: An Experimental 
Investigation of Online Financial Advice. 
This paper explores how individuals assess the quality of financial advice they are given and how they form judgments about the trustworthiness and expertise of their advisers. 


Events 2014

Joseph Stiglitz Public Lecture
7 July 2014

22nd Annual Colloquium of Superannuation Researchers
7-8 July 2014

Emerging Researchers in Ageing Conference
24-25 November 2014
Flinders University 
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ARC Centre of Excellence in Population Ageing Research, Australian School of Business, Ground Floor East Wing, University of New South Wales Kensington Campus, Sydney, NSW 2052.