Generational justice in aged care policy in Australia and the United Kingdom

This paper traces the emergence of the theme of generational justice in aged care policy in Australia and the United Kingdom. Debate about the balance to be struck between inter- and intragenerational funding in the two countries took somewhat different courses before and after the crossover in the political persuasion of national governments that occurred in 1996-1997, but both continue to grapple with the question as to whether housing assets of the elderly are a resource for private, intergenerational transfers, or a source of intragenerational funding for aged care.