Why a record number of Australians will turn 50 this year
More Australians will turn 50 this year than in any other year in history because of a surge of births in 1971.
Australian Institute of Management CEO Professor Gary Martin said it’s unclear why there was such a surge of births that year.
“I don’t know exactly why there was a surge then, but then it drops off shortly after that, it’s coming back though, there was another surge later down the track,” he told Gareth Parker on 6PR Breakfast.
“There was this big uptick, and that’s going to create, not only people that turn 50 this year as part of their own personal history, but it’s part of our national history, that they’re part of this biggest cohort of 50 year olds.”
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