PHOTO: Bevan Geissmann (third from left) with residents of Halcyon Lakeside.ABC News

Key points:

  • Australia is undergoing a significant demographic shift
  • The baby boomer generation is retiring, with 5 million passing the age of 65
  • Australians are having fewer babies but booming immigration is having a significant impact on the economy
Baby boomers are retiring in record numbers and providing for their needs is proving to be one of the few economic bright spots.It was such a big opportunity that Bevan Geissmann gave up his suburban medical practice to develop luxury homes for retiring boomers.“I was a GP in a local town halfway between Brisbane and the Gold Coast,” he told 7.30.READ MORE VIA ABC

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