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Its possible but it is only a reccmendation that has to be discussed by government, go through the law making process & be written into policy. In other words it could be years before they implement it if at all.

Personally I can't see them increasing the age. The WHV mirrors what is given to Australians in other countries hence the age. And I'd still see the 3 month work requirement being in place because the government want workers to extend their stay not beach bums! But you will also notice it suggests first visa should be before the age of 25 second up to 35!
This is though just a reccomendation from the tourist board not from one of the work bodies so we'd have to wait and see if the Government act on it. Depending on your age and how many years they take to implement it if they do it may be too late for you to benefit.
 
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