If you’re one of the millions of Australians who provide unpaid care for a loved one—whether it’s an ageing parent, a partner with chronic illness, or a child with special needs—you’re not alone.
The dedication involved in caring for others is immense, though its broader impact often goes unrecognised. This demanding role can quietly place significant burdens on those who undertake it.
But you might be surprised to learn just how much this vital, often invisible work is costing you, not just emotionally, but financially and professionally as well.
The true cost of care burnout
Recent research has shone a spotlight on what’s being called ‘care burnout’—the physical, emotional, and financial toll that unpaid carers shoulder every day.
According to new figures, Australians who take on caring responsibilities can lose up to $18,000 a year in out-of-pocket expenses, lost income, and missed career opportunities.
That’s a staggering sum, especially for those already navigating the challenges of retirement or planning for it.
But the costs don’t stop at the bank balance. Carers are also paying with their health. The relentless demands of caring can lead to chronic stress, anxiety, depression, and even physical health problems.
Many carers report feeling isolated, exhausted, and unsupported—a recipe for burnout if ever there was one.
Who are Australia’s unpaid carers?
Unpaid carers are the backbone of our health and social support systems. In Australia, it’s estimated that more than 2.65 million people provide informal care to family members or friends.
Many are over 50, juggling their own health needs and retirement plans with the demands of caring for others.
For some, caring is a full-time job. For others, it’s a part-time responsibility that still has a major impact on their daily lives.
Either way, the sacrifices are real: missed promotions, reduced superannuation, and, in some cases, having to leave the workforce altogether.
The hidden financial drain
Let’s break down that $18,000 figure. It’s not just about lost wages. Carers often pay for medical supplies, transport, home modifications, and extra utilities out of their own pockets.
There are also indirect costs: reduced hours at work, missed career advancement, and the long-term impact on retirement savings.
For women, who make up the majority of unpaid carers, the financial hit can be even more severe. Many find themselves with less superannuation and fewer resources in later life, increasing the risk of financial insecurity in retirement.
The health toll: More than just stress
It’s no secret that caring can be stressful, but the health impacts go deeper. Studies show that carers are more likely to experience mental health issues, sleep problems, and chronic illnesses such as high blood pressure and heart disease.
The emotional strain of watching a loved one struggle, combined with the physical demands of caring, can be overwhelming.
And yet, many carers put their own needs last, skipping medical appointments or neglecting their own well-being in order to prioritise the person they’re caring for.
Career sacrifices and lost opportunities
For those still in the workforce, caring responsibilities can mean turning down promotions, reducing hours, or even quitting a job altogether.
This not only affects current income but can have a snowball effect on future earnings and retirement savings.
Employers are slowly waking up to the needs of carers, with some offering flexible work arrangements or carer’s leave. But there’s still a long way to go, and many carers feel they have to choose between their job and their loved one.
What support is available?
The good news is that there are resources out there. Carer Gateway (carergateway.gov.au) offers information, counselling, and financial support for carers.
Centrelink provides a Carer Payment and Carer Allowance for those who qualify, and some state governments offer additional assistance.
But many carers say the system is confusing and hard to navigate, and the support often falls short of what’s needed.
How can we do better?
Experts are calling for greater recognition of the value of unpaid care, more financial support, and better access to respite services. There’s also a push for more flexible work policies and better mental health support for carers.
For those of us in the community, it’s vital to plan ahead. If you’re caring for someone now, or think you might be in the future, start by seeking advice about your rights and entitlements.
Talk to your employer about flexible work options, and don’t be afraid to ask for help—from family, friends, or professional services.
Your voice matters
Have you experienced care burnout? How has caring for a loved one affected your health, finances, or career? What support would make the biggest difference for you? Share your story in the comments below—your insights could help others in our community who are facing the same challenges.
Remember, you’re not alone—and your work as a carer is both invaluable and deserving of recognition and support.
Also read: Burnout doesn’t define you—here’s how to reclaim your mornings
