In the Western world, the baby boomers are ageing and with them a demographic challenge is looming. In New Zealand, as with some of our traditional trading partners, our labour force growth is slowing and our workforce is ageing. There are now more 60‐64 year olds than 15-19 year olds in the workforce. Nearly one in three workers are over 50 and by 2029 it is projected that one in four workers will be aged over 64. Read more →