Briefing Paper: Investing for the Golden Age
Summary
Across Indonesia and Australia, ageing populations and rising incomes are driving growth in aged care, together with the favourable policy environment enabled by the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA).
The IA-CEPA allows Australian companies to own up to 67 per cent of aged care facilities in Indonesia, unlocking exciting new trade and investment opportunities in the Care Economy.
In support of the “Investing for the Golden Age” webinar, co-hosted with Katalis, this briefing paper explores from multiple angles the high potential bilateral trade and investment opportunities in aged care in Australia and Indonesia.
Findings
There is an urgent need in both Indonesia and Australia for aged care models that are affordable, accessible, sustainable, and adapted to the local context.
This is evidenced by the projected rapidly ageing populations and the need to develop the infrastructure, aged care services and workforces to meet these growing needs. Bilateral trade and investment opportunities span premium aged care services; digital health solutions for aged care; treatments for age-related health conditions, aged care health and wellness tourism; workforce training and education; standards and quality insurance; aged care facility development and in-home care models, systems and supports.
Read the full report