Explore our Climate and Energy Hub
- 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
Investment in workplace training is happening, so why are we still seeing sluggish productivity?
Despite investment in workplace training, productivity remains sluggish because too much time is spent on repetitive compliance courses rather than upskilling, and without systems to recognise and track skills, valuable learning continues to go unverified and underutilised.
Read more Opinion article February 26, 2024Invest in the invisible: Well-connected freight to improve productivity and sustainability
There is a big task ahead to futureproof the freight system for a more productive, resilient and sustainable Australia. There needs to be a long-term, cohesive effort by governments and industry to get this right. Government’s role is to make targeted infrastructure investments and to create the right policy settings, so that industry has the confidence to invest in the right operations, writes WSP's Sam Potts and Jim Hirst.
Read more Opinion article July 21, 2022The future of space in Australia
South Australia is at the forefront of our nation’s expansion into the global space economy, writes the Hon. Susan Close.