One-fourth Australians aged above 50 not planning to retire By IANS | 0 Views Aus state requests more defence staff for Covid response. Image Source: IANS News Canberra, June 27 : One in four Australians over the age of 50 do not believe they will ever retire for financial and social reasons, a study has found. The survey conducted by the Newgate Research for the COTA Federation (Councils on the Ageing) found that older Australians plan to continue working, reports Xinhua news agency. It also revealed that 49 per cent of Australians aged 65 have retired, down from 60 per cent in 2018 and the number of people in their 60s who want more paid work has doubled.