More Australians will be dying than being born in 40 years as major report predicts future of lower growth
A new Australian government report projects that deaths will outnumber births within 40 years due to an aging population and declining fertility rates. The report also highlights the economic challenges of lower growth and the transformative impact of artificial intelligence.
Why it matters
Long-term demographic shifts pose significant fiscal challenges for national budgets, healthcare systems, and labor markets in developed economies.
Australian treasurer Jim Chalmers said the ‘intergenerational report illuminates the road ahead’. Photograph: Lukas Coch/AAP Australian treasurer Jim Chalmers said the ‘intergenerational report illuminates the road ahead’. Photograph: Lukas Coch/AAP Australian economy More Australians will be dying than being born in 40 years as major report predicts future of lower growth Seventh intergenerational report also outlines how Australia is at cusp of an uncertain age of artificial intelligence
Follow our Australia news live blog for latest updates
Get our new political email , free app or daily news podcast
Prefer the Guardian on Google There will be more Australians dying than being born in 40 years’ time, according to the government’s latest intergenerational report, which lays bare the fundamental challenges of managing an ageing population at a time of rapid change and lower economic growth.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in