Well the first lot of the babyboomers are retiring on mass now after being born after the WW2 period. This started about 2 years ago and will increase over the next 16 years. At the moment 650 a day are retiring now and this will increase over the next 16 or so years.
Plus a lot of the baby boomers did not have a super scheme in place. So will need government assistance ie Pensions.
AUD headed to 50c in 2016/17, page-5
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