Financial decision making in late adulthood. The project aims to examine links between cognitive changes and financial decision-making in late adulthood and also to assess the preparedness of the elderly to combat financial risks due to age-related cognitive decline. Further, it intends to examine how age, education, wealth, health, and other environmental factors influence transfer of financial decision-making responsibilities to spouses or others. It is expected that the research will provide ....Financial decision making in late adulthood. The project aims to examine links between cognitive changes and financial decision-making in late adulthood and also to assess the preparedness of the elderly to combat financial risks due to age-related cognitive decline. Further, it intends to examine how age, education, wealth, health, and other environmental factors influence transfer of financial decision-making responsibilities to spouses or others. It is expected that the research will provide a greater understanding of how cognitive functioning and other factors affect older adults’ financial capacity and willingness to delegate decision-making responsibilities. This understanding could be used to inform policy initiatives to protect elderly individuals and their family members from the risk of financial mismanagement.Read moreRead less
Achieving a Skilled and Sustainable Aged Care Workforce for Australia. Demand for aged care services in Australia has reached record levels and is set to rise steeply due to population ageing. The Productivity Commission identified the sector’s need to provide more care services, to expand consumer-directed care and to improve the quality of care. Currently, there is little evidence as to how the workforce can expand and change to meet these challenges. This project aims to provide new evidence ....Achieving a Skilled and Sustainable Aged Care Workforce for Australia. Demand for aged care services in Australia has reached record levels and is set to rise steeply due to population ageing. The Productivity Commission identified the sector’s need to provide more care services, to expand consumer-directed care and to improve the quality of care. Currently, there is little evidence as to how the workforce can expand and change to meet these challenges. This project aims to provide new evidence on how to attract, retain and up-skill workers in a rapidly expanding demand environment, as the sector strives to achieve a sustainable and skilled workforce fit for the future needs of older Australians.Read moreRead less