Retirement Age Men in Australia increased to 66 in 2019 from 65.50 in 2018.

Retirement Age Men in Australia averaged 65.18 from 2009 until 2019, reaching an all time high of 66 in 2019 and a record low of 65 in 2010. This page provides - Australia Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Retirement Age - Men - values, historical data and charts - was last updated on June of 2020.

Retirement Age Men in Australia is expected to reach 66.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Retirement Age - Men is projected to trend around 66.50 in 2021, according to our econometric models.

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Australia Retirement Age - Men

Actual Previous Highest Lowest Dates Unit Frequency
66.00 65.50 66.00 65.00 2009 - 2019 Yearly

Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.20 5.20 11.20 4.00 percent [+]
Employed Persons 12418.71 13017.61 13017.61 5997.64 Thousand [+]
Unemployed Persons 823.28 718.83 960.16 364.69 Thousand [+]
Part Time Employment -373766.00 10141.00 72828.00 -373766.00 Persons [+]
Full Time Employment -220500.00 -9500.00 74800.00 -220500.00 Persons [+]
Employment Change -594300.00 700.00 99100.00 -594300.00 Persons [+]
Labor Force Participation Rate 63.50 66.00 66.20 60.10 percent [+]
Youth Unemployment Rate 13.80 11.50 20.10 7.60 percent [+]
Labour Costs 104.80 104.80 104.80 43.30 points [+]
Productivity 100.20 100.00 104.21 55.70 points [+]
Job Vacancies 226.50 237.10 244.90 28.40 Thousand [+]
Job Advertisements 63806.00 136106.00 258085.47 63806.00 [+]
Wages 1257.00 1237.90 1257.00 59.10 AUD/Week [+]
Wages In Manufacturing 1350.60 1338.30 1350.60 333.00 AUD/Week [+]
Wage Growth 2.10 2.20 4.30 1.90 percent [+]
Minimum Wages 740.80 719.20 740.80 522.12 AUD/week [+]
Population 25.60 25.18 25.60 10.39 Million [+]
Retirement Age Women 66.00 65.50 66.00 62.00 [+]
Retirement Age Men 66.00 65.50 66.00 65.00 [+]
Living Wage Family 2790.00 2920.00 2920.00 2770.00 AUD/Month [+]
Living Wage Individual 1770.00 1820.00 1820.00 1750.00 AUD/Month [+]
Wages Low Skilled 2710.00 2670.00 2710.00 2670.00 AUD/Month [+]
Wages High Skilled 6120.00 6250.00 6250.00 6120.00 AUD/Month [+]
Employment Rate 59.60 62.50 62.90 54.00 percent [+]


Australia Retirement Age - Men
In May 2014, the federal treasury announced that the age pension in Australia will increase to age 70 by year 2035.