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Mobility aids play an integral role in assisting the disabled and elderly in their day-to-day lives by aiding mobility and increasing independence. Both temporary users, like those recovering from an injury and long-term users, such as those with an ongoing condition, often require mobility aids. Australia's ageing population is supporting industry revenue. This trend reflects the direct correlation between increased age and disability rates. As Australia's population continues to age, the number of people with a disability will gradually climb. Some older Australians may be able to access government funding for mobility aids via various aged care programs, including the Commonwealth Home Support Programme and the Home Care Packages Program. States and territories also provide several assistive technology (AT) aids and equipment programs to elderly Australians. Younger eligible Australians may have AT supports provided as part of the National Disability Insurance Scheme (NDIS). The disparate nature of current government-funded pathways for AT purchases not covered by the NDIS means many customers pay the full cost of their mobility equipment purchases. This means that real household disposable income trends also sway the industry’s performance. Industry revenue is expected to contract by an annualised 0.2% over the five years through 2024-25 to reach $720.0 million, with the COVID-19 pandemic and cost-of-living crisis contributing to consumers cutting back on discretionary expenditure on aids and appliances. This contraction is despite expected growth of 2.8% in 2024-25. Growth rates are forecast to become relatively more robust, climbing an annualised 2.8% over the five years to 2029-30 to total $826.5 million. Australia's ageing population, as well as rising arthritis and obesity, will drive industry revenue and profit growth. Technological advancements, including a continued shift from manual to motorised wheelchairs and ongoing product ergonomics enhancements, will also benefit mobility equipment retailers, as will any moves to introduce a new national government-funded AT program to cover disabled Australians who are ineligible for NDIS support.
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The Crisis and Care Accommodation industry forms part of Australia's community welfare sector and provides services for some of the most economically vulnerable people in Australian society, including children, those with long-term disabilities and the elderly. Even before the COVID-19 pandemic and the cost-of-living crisis, a growing number of Australians were at increased risk of homelessness, with many experiencing financial hardship, persistent disadvantage and social exclusion. Stagnant wage growth in inflation-adjusted terms, heightened housing stress and associated incidences of family breakdown and family violence have boosted demand for crisis and care accommodation over the past few years. Given high inflation and rising rental costs, many of the industry’s clients have become increasingly vulnerable and their needs are also becoming more complex. Rising disability prevalence is creating additional challenges for residential care providers, with the Australian Bureau of Statistics finding that 5.5 million Australians had a disability in 2022 (latest data available). However, the ability to meet increased demand hasn't necessarily been matched by additional funding, constraining industry and profit growth. In light of these socio-economic variables and supply constraints, industry revenue growth is expected to be a modest 4.3% annualised over the five years through 2024-25 to $5.7 billion, including anticipated growth of 4.0% in the current year. Solid demand for residential care services will persist in the coming years, bolstered by a strong need for homelessness services as high rents and inflation exacerbate Australia’s housing crisis. An ageing population is set to continue driving demand for palliative care and respite services, while the existence of deep and persistent disadvantage among Australia’s most vulnerable population cohorts will continue to sustain demand for crisis and rehabilitation care. Government policies and associated regulatory reforms – including those stemming from the Royal Commission into Violence, Abuse, Neglect and Exploitation of People with Disability – will dictate the industry's operating environment. Industry growth rates will remain modest at 2.7% annualised through 2029-30, to reach $6.5 billion.
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The State Government has developed a free mobile phone app to help people with disability share and locate accessible parking spaces around South Australia. It provides information about the location and type of accessible car parks in both metropolitan and regional areas for about 70,000 permit holders in South Australia. Users can search for accessible parking spaces by postcode or address, and get descriptions of accessible spaces, including if they are metered. The .shp file has a map and shows the location, park level and space size of disability car parking spaces.
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https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
Mobility aids play an integral role in assisting the disabled and elderly in their day-to-day lives by aiding mobility and increasing independence. Both temporary users, like those recovering from an injury and long-term users, such as those with an ongoing condition, often require mobility aids. Australia's ageing population is supporting industry revenue. This trend reflects the direct correlation between increased age and disability rates. As Australia's population continues to age, the number of people with a disability will gradually climb. Some older Australians may be able to access government funding for mobility aids via various aged care programs, including the Commonwealth Home Support Programme and the Home Care Packages Program. States and territories also provide several assistive technology (AT) aids and equipment programs to elderly Australians. Younger eligible Australians may have AT supports provided as part of the National Disability Insurance Scheme (NDIS). The disparate nature of current government-funded pathways for AT purchases not covered by the NDIS means many customers pay the full cost of their mobility equipment purchases. This means that real household disposable income trends also sway the industry’s performance. Industry revenue is expected to contract by an annualised 0.2% over the five years through 2024-25 to reach $720.0 million, with the COVID-19 pandemic and cost-of-living crisis contributing to consumers cutting back on discretionary expenditure on aids and appliances. This contraction is despite expected growth of 2.8% in 2024-25. Growth rates are forecast to become relatively more robust, climbing an annualised 2.8% over the five years to 2029-30 to total $826.5 million. Australia's ageing population, as well as rising arthritis and obesity, will drive industry revenue and profit growth. Technological advancements, including a continued shift from manual to motorised wheelchairs and ongoing product ergonomics enhancements, will also benefit mobility equipment retailers, as will any moves to introduce a new national government-funded AT program to cover disabled Australians who are ineligible for NDIS support.