New report predicts Aussies will live longer and poorer | 7NEWS
Treasury’s latest five-yearly intergenerational report forecasts Australia’s demographic and economic landscape over the next 40 years, predicting a median age rise of more than six years, tripling of the over-85 population, and continued federal budget deficits. The report identifies artificial intelligence as a transformative force expected to boost productivity to 1.2%, while highlighting migration as key to maintaining working-age population growth despite falling fertility rates and deaths outnumbering births. The analysis points to younger Australians living longer with parents and starting smaller families, amid warnings of a more fractured and threatening global environment.
Subscribe and set 🔔 » https://7news.link/YTSubscribe |
For the latest Australian news and breaking news alerts, connect with 7NEWS online:
Visit » https://7news.com.au
7Plus » https://7plus.com.au/
7NEWS Podcast » https://open.spotify.com/user/dm9fk9hzoe68ibpttheragdgi
Facebook » https://www.facebook.com/7NewsAustralia
TikTok » https://www.tiktok.com/@7newsaustralia
Instagram » https://www.instagram.com/7newsaustralia/
X » https://x.com/7NewsAustralia
7NEWS combines the trusted and powerful news brands including Sunrise, The Morning Show, Spotlight and 7NEWS.com.au, delivering unique, engaging and continuous coverage on the issues that matter most to Australians. Watch 7 News Australia full broadcasts and full episodes at 6pm and weekdays at 12pm and 4pm on Channel 7 and 7plus.
#BREAKINGNEWS #7NEWS
