AI Leadership Summit 2025 Highlights
- News and resources
- Opinion articles
- Economy
- Intergenerational struggle: Confronting Australia’s demographic headwinds
Intergenerational struggle: Confronting Australia’s demographic headwinds
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.
About the author
Our Related Articles
Linking the 'E' in ESG to your core business
Today, we take from the environment, make new, then dispose. The linear economy has evolved to manage familiar commercial risks and opportunities, with little recognition that we rely on increasingly scarce natural resources and absorption capacity. Arup's Climate and Sustainability Leader for Australasia Joan Ko writes that the most sustainable product is the one that already exists.
Australia pays the price for increasing rates of imprisonment
With rising rates of imprisonment, CEDA Chief Economist Jarrod Ball explores the cost of recidivism to the Australian economy.
Read more Opinion article April 30, 2014