Page 69 - Intergenerational Report News Today

On many dimensions, Millennials aged 25-35 are better off than were Boomers, with housing and the environment the big exceptions.

Most Australian voters are either Baby Boomers (born 1946 to 1964), Generation Xers (1965 to 1980) or Millennials (1981 to 1996). And at one time or

Reducing the budget deficit can help the Reserve Bank of Australia manage inflation pressures, but the nation’s poor productivity performance is a bigger issue, says former Treasury boss Ken Henry.

Australias population has surged by 15 per cent during the past decade with the Covid border closure only temporarily interrupting that growth trajectory.

Https://theconversation.com/poor-policy-and-short-sightedness-how-the-budget-treats-climate-change-and-energy-in-the-wake-of-disasters-180179

It is deeply regretful that the budget and forward estimates don’t specifically recognise the ongoing scale and the fiscal impact of climate disasters.

Advisers should not rest on their laurels on the lack of changes in this year’s Budget as more could be announced between now and the May election.

The government’s budget has a tax cap, but no spending cap to go with it. That means something has to give.

The big business lobby for millionaire chief executives wants Australias immigration pace ramped up. Population expert Bob Birrell said this would keep wages low and massively worsen housing crisis.

One third of the economists surveyed say Australia’s migration target should be lifted to 190,000 per year. Another third say 190,000 is not enough.