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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Australia
2 mins to read

Ageing Australia to undermine productivity and income growth

Australia will be older, potentially poorer and much hotter by 2062, according to a Government report.

Jim Chalmers

Declining productivity as the population ages is Australia’s key economic challenge in the next 30 years, and while the Government says it is responding with a focus on education and competition policy, major tax reform is not yet on the agenda.   

An older population 60% larger than today will

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Lachlan Colquhoun Fri, 25 Aug 2023
Contact the Writer: lachlan@nbr.co.nz
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Ageing Australia to undermine productivity and income growth
Australia,
100557
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