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Older, bigger, slower growing, more diverse. Living standards at risk of going backwards. These were the key takeaways from the latest Federal Intergenerational Report (IGR), writes Dr Liz Allen. The intergenerational bargain or contract, which implicitly suggests that the country handed to each subsequent generation is the same, if not better, than the socioeconomic conditions enjoyed previously, has been eroded. Increasing or maintaining living standards can no longer be guaranteed. Australia’s dumb luck has run out.
Reinvigorating Australia’s post-pandemic immigration system requires a dedicated, deliberate and persistent strategy, writes Jarrod Ball in the Australian Financial Review.
Read more Opinion article May 29, 2022The last two years of the COVID-19 pandemic highlighted the tyranny of distance between the east and west coasts of Australia. Never before has WA seemed to go it so alone from the rest of the nation. It was brought into stark relief when, in contrast to the spirit of a national cabinet and approach, the previous federal government momentarily sided with Clive Palmer’s legal challenge over the closure of the WA border, writes Melinda Cilento in The West Australian.
Read more Opinion article October 30, 2018With house price falling and auction clearance rates as low as those seen in the GFC, there is some concern of an impending house price collapse. But according to Chris Richardson and Alex Hooper of Deloitte Access Economics, the drop in house prices against the backdrop of a strong economy is good news.
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