With a high 33 per cent of people over 60 years of age living in poverty, Australia ranks 94th, ahead of only South Korea and Venezuela, for the worst rate of old-age poverty in the Global AgeWatch Index 2015.

While we might congratulate ourselves for some progress we’ve made in some policy areas toward ensuring Australia is a great place for older people, this week’s news on the Global AgeWatch Index certainly takes a bit of wind out of our sails.

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