Aged Care Insite Issue 100 | April-May 2017 | Page 12

industry & policy Seize the grey “I A stalwart campaigner for the ageing population believes there is much to be done. Recognising older Australians as valuable workers would be a good start. Everald Compton interviewed by Dallas Bastian 10 agedcareinsite.com.au n turning grey into gold we are limited only by our imagination, curiosity and willingness to take risks to outflank the greatest social challenge of all time.” This was the call made by veteran campaigner for elderly Australians Everald Compton in 2014 on the topic of the rapid ageing of the population. Three years on, Compton, who is chairman of the Longevity Innovation Hub, says there is still much to do. For its 100 th edition, Aged Care Insite catches up with Compton to sound out his thoughts on Australia’s progress in the ageing sphere and the key issues that policymakers must prioritise to improve the lives of older adults and make the most out of the opportunities an ageing nation presents. ACI: Is the ageing experience improving for older Australians? Are we on the right track? EC: Well, yes and no. There are many individuals, older Australians who are planning their longevity better than they ever did before. I think governments are lagging behind quite considerably in facing all of the issues involved in ageing, which go way beyond aged care and cover almost every facet of life. I see little evidence, except for one or two political leaders, that governments have embraced the whole issue of longevity, worked out what policies we need to have, and how we’re going to pay for those policies, and how we can restructure the economy to cover the fact that more and more people retire every year, that they live a lot longer than they ever did before, and that there are fewer young people arriving on the scene to replace them. What progress has Australia has made when it comes to ageing and how the process is viewed? Well, for instance, with the age pension, which is a matter of very considerable political controversy, there are too many politicians and too many younger Australians who believe that the amount that pensioners would get every fortnight has to be cut if Australia is going to survive, and that’s nonsense. The pension is inadequate now and in fact needs to be increased and to keep up with costs in the future. Where the problem is, is in the volume of people who are becoming old and who should be eligible to receive the pension. The whole eligibility factor needs to be looked at in a far more comprehensive and reasonable way than it has been done before. We need to look at the age pension and say, it