#intergenerational report

[youthchronical]

Baby boomers have done so well out of political largesse. Now, the young will pay

Politics sometimes contains what might be described as blank spots: policy problems that everybody tut-tuts over but never suggests doing something obvious to fix. Take intergenerational equity. It’s been back in the news again this week (if it ever actually went away) because of the release of the latest Intergenerational Report (IGR). Former Treasury secretary Ken Henry on Friday railed against…

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[youthchronical]

These six charts show what Australia could look like in 40 years

The federal government has released the latest Intergenerational Report on what Australia could look like over the next 40 years. Here are some of the key predictions and what this could mean for our future. 1. An ageing population Australians are living longer and they’re having fewer children. So, even with net migration accounted for, the government is predicting slower population growth and…

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[youthchronical]

Australia is facing five unstoppable shifts in the economy. The challenge now is to ride the waves

When Peter Costello was about to release the first Intergenerational Report 21 years ago, the then treasurer effusively called it “one of the most exciting documents that we have ever seen”. Then shadow treasurer Bob McMullen, by contrast, grizzled it would be “little more than a cynical attempt to bolster Costello’s image”. Two decades on, it’s a Labor treasurer who will today hand down the…

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[youthchronical]

Number of Australians aged 85 and over set to triple in 40 years

The number of Australians aged 85 and over is set to more than triple in the next 40 years as the country’s population swells to 40.5 million – about 13.8 million more than the current population. Key points: The full intergenerational report will be released from the ABS on Thursday Australia’s population growth will slow to 1.1 per cent in 40 years Low fertility and increased life expectancy…

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[ausspyidiotorg-blog]

A real intergenerational report

The release of the governments highly politicised intergenerational report gives the nation a chance to consider the future. The Abbott government has wasted the opportunity to engage both the opposition and the public in the serious, mature and intellectual debate required to repair the Australian economy. They have released a biased report that attempts to justify Joe Hockey’s highly unpopular…

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