Updating and Extending Indicative Budget Standards for Older Australians: Final Report
Peter Saunders, Roger Patulny & Adeline Lee
This report provides estimates of a new comfortably affluent but sustainable (CAS) budget standard for older Australians. The CAS standard reflects a standard of living among older, healthy and fully active self-funded retired Australian that allows them to engage actively with a broad range of leisure and recreational activities without having to require a rapid or substantial disbursement of assets. It represents a lifestyle that is common amongst those in the top (income) quintile of...
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