Commonwealth Expenditure Associated with the Contributory Parent Visa

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Executive Summary
1. Introduction
2. Data
3. Assumptions
4. The Model
5. Results
6. Sensitivity Analysis
7. Implications for Setting the CPV
8. Comments on Results
Assumptions
Table 1: Health costs for a person who does not die during the year of age ($2007/08)
Table 2: Initial difference in annual health care inflation from long term average (percentage points)
Table 3: Initial Age Pension Rates ($2007/08)
Table 4: Per capita aged care costs ($2007/08)
Table 5: Male mortality rates (ALT2000-02)
Table 6: Female mortality rates (ALT2000-02)
Table 7: Male 25 year mortality improvement rates (ALT2000-02)
Table 8: Female 25 year mortality improvement rates (ALT2000-02)
Table 9: Male 100 year mortality improvement rates (ALT2000-02)
Table 10: Female 100 year mortality improvement rates (ALT2000-02)
Table 11: Other program assumptions
Table 12: Financial assumptions
Table 13: Visa charges
Table 14: Visa take-up rates