With the federal government intending to lift the retirement age because of a shortfall in tax collections, businesses will have to adapt to a new employment environment. The reason given for the policy is claimed to be that the proportion of young taxpayers to middle-aged workers is declining. Of course, this a furphy. There is a shortfall now and the disparity in age sectors is a long term issue. Government will have to subsidize the employment of aged people. Even if the government denies it, this will be necessary. Conditions of employment will have cater for the inability to perform at a high physical level. This is an area where the elderly will not be able to compete. The young will have to vacate their comfortable seats for those much older. This is obvious. The young can learn from those with a lifetime of work experience, but what can these people learn from the young? Businesses should know that these groups will remain different and will have to treat them accord
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