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long with many other advanced economies, Australia faces an ageing population as a result of declining fertility over the last few decades and increasing longevity. The OECD (2003:1) is sounding the alarm on the economic effects of ageing, predicting falling living standards unless remedial policy action is taken.doi:10.22459/ag.11.01.2004.01 fatcat:yb2o2yoizbfqxgp466io4y7jva