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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.
The Australian Universities Accord aims to have 80 per cent of the working-age population with a Certificate III or above by 2050. While it fits with the intent of increasing the pool of skilled workers, ultimately the target is aspirational, particularly as the focus of the accord is more on reforming the tertiary education system than its expansion. Given the size of the accord’s ambition, a lot more heavy lifting needs to be done now, writes CEDA Senior Economist Tim Kane.
Read more Opinion article April 3, 2023CEDA panellist, modern slavery expert and Maddocks Partner Sonia Sharma explores the key trends and outlook for ethical procurement in Australia. This article includes a practical checklist to help assess your organisation’s anti-modern slavery maturity.
Read more Opinion article February 26, 2018South Australia's election will likely be fought over high energy costs, the state of the health sector and hospitals and cost of living issues. Michael O'Neil examines the economic and social priorities for an incoming government.
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