29 July

There’s a huge train crash coming for aged care. Many working in that industry say it’s here already, which is also true. But it’s about to get much, much worse. There is no easy answer to this, apart from importing lots and lots of workers. But the whole world wants those workers, they’re very hard to find. And they don’t stick around when you do get them, they move on to better paid jobs. One of the great tensions will be that baby boomers, who hold most of society’s wealth, will want taxpayers as a whole to pay for a fix to this problem. But younger generations can’t even afford a roof over their own heads. A crash is coming.