A comparison of the ratio of Australian Governmenthealthexpenditure to GDP ... 4%. By 2033, the projected health to GDP ratios (expenditure by the Australian Government ... projected the smallest increase in the Australian Governmenthealthexpenditure to GDP
Healthexpenditure projections varied with the age profiles used Australian Governmentexpenditure, per cent of GDP 0.71 per cent of GDP Data source: Commission estimates. ... An alternative health projection based on death-related costs The extent of influence of population ageing on healthexpenditure is somewhat contested ... health care costs using death models.)
that the combined healthexpenditure of governments in Australia would almost double by 2044–45, reaching just over 10 per cent of GDP (figure 9). While all components are projected ... conservative. For example, we assumed an unchanging age/cost profile, together
Figure 4.21 presents the expected future development of the expenditure side of the social budget: expenditure on education, health, social insurance and government ... Figure 4.21 Projected social expenditure, per cent of GDP, 2003/2004-2020/2021 (percentage) NGO social assistance Social insurance change in reserves Social insurance administration Social insurance benefits Government social welfare and assistance Health ... resource envelope (including centralgovernment budget, social security funds
Growth in spending on age-related pensions (Chart 2) and aged care is also significant, both as a proportion of GDP and in real spending per person. ... Per cent of GDP Per cent of GDP Age-related Aged care Other income Education pensions support Health Defence Superannuation
Chart 2: Projections of Australian Governmentspending by category (Per cent of GDP) Per cent of GDP Per cent of GDP Age-related pensions Other income support Health Aged care Education Defence Superannuation Source: Treasury. ... Growth in spending on age-related pensions (Chart 2) and aged care is also significant, both as a proportion of GDP and in real spending per person.
require between 14 to 18 per cent of GDP (including administration cost), most ... of governmentexpenditure on basic social protection (i.e. 18.6 per cent), in 2005 external ... The cost of basic health care would rise from 2.4 per cent in 2005 to 4.0 per cent
the main age-related expenditures. There is a 50 per cent probability that the expenditures are between 34.8 and 38.1 per cents of GDP in 2050. Other than agerelated expenditures are assumed to grow at the same rate as GDP. Predictive distribution ... in the size of the tax bases of the central and local government is not very large until ... of the centralgovernment, the financial market risks influence both the yield of the assets
with excess health-care spending reaching 3.8 per cent of GDP in 2020, about 50 basis ... for 6.8 per cent of GDP (see Figure 5). Under these conditions, the health-care ... Figure 5 Health Care Deficit Trend and Forecast, 2006-50 (percent of GDP
Table 2.1 Projections of old-age related expenditure, 2001-02 to 2041-42, per cent of GDPExpenditure type Age and Service Pension Health and aged care Total Source: Costello (2002b) ... and higher healthcost growth scenarios result in increased old-age related government ... and changes in the costs of health care. Access Economics (2001) also highlights that healthcosts rise not only because of population ageing, but also because