I call on the Australian Government to set out the conditions upon which they will provide a taxpayer funded backing for wholesale term funding for Australian deposit taking institutions. I call on the Government it make clear the conditions upon which taxpayer funds will be used in this way.

We know that so many of the conditions and diseases that we associate with ageing can often be prevented or in fact their onset delayed if we just took preventative steps earlier in our lives.

At the last census it indicated that about 22 per cent of Australians were born overseas.

Advances in science and medical research and public health policies have meant that life expectancy for Australians is one of the highest in the world.

I call on the Australian Government to set out the conditions upon which they will provide a taxpayer funded backing for wholesale term funding for Australian deposit taking institutions. I call on the Government it make clear the conditions upon which taxpayer funds will be used in this way.

Prevention is one of the few known ways to reduce demand for health and aged care services.

The strongest initiative that government can take to ensure Australia is prepared for population ageing, is to maintain a strong economy, and a secure nation.