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Australians want insurance against the burden of old age

  • Written by Susan Thorp, Professor of Finance, University of Sydney
imageAged care costs are rising.Shutterstock

With the cost of caring for the elderly increasing, and the population ageing, Australia needs new sources of funding for aged care. In many parts of the world some of the cost is borne by private insurance, and new research shows there is demand for this in Australia as well.

There are several models of...

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