Intergenerational report to show Australia older, smaller and more in debt
- Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
ShutterstockAustralia will be smaller and older than previously expected in 40 years time after the first downward revision of official projections in an intergenerational report in 20 years.
The much lower projections in Monday’s fifth five-yearly intergenerational report will mean indefinite budget deficits with no surplus projected for 40...
