PROGRESS 2050: Toward a prosperous future for all Australians
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 WA Premier and Treasurer Mark McGowan faces an interesting challenge when he releases the State’s Budget – how to support a community facing the largest cost of living pressures in the country while delivering a responsible budget that does not stoke inflation further.
Read more Opinion article May 21, 2021Following the announcement of additional funding for the tourism industry in the Victorian Budget, Victoria University School for the Visitor Economy Director Dr Joanne Pyke and Research Fellow Dr Gabrielle Lindsay-Smith discuss their new research that shows the impact of the 2020 crises on Victorian tourism and how the industry can build back better.
Read more Opinion article May 16, 2017CEO of PwC Australia and Vice Chairman of PwC Asia Pacific, Luke Sayers discusses the 2017 Federal Budget and what it means for Australia.
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