Page 70 - Intergenerational Report News Today

Opposition leader Anthony Albanese says a jobs summit would help tackle unemployment and underemployment as the workforce struggles amid the pandemic.

Small businesses are less productive, less innovative and pay staff less than big ones, and even before the pandemic they were shedding jobs.

Small businesses are less productive, less innovative and pay staff less than big ones, and even before the pandemic they were shedding jobs.

Originally published in The Canberra Times.

Productivity grew at a paltry 0.2 per cent last financial year, continuing a decade-long deterioration.

Australia’s fertility rate has plummeted to record lows, leaving policymakers facing the question of how to deal with the economic consequences of smaller families.

Parental leave is currently the only one type of leave that, more often than not, does not attract superannuation. It's time that changed.

"I hope that we’ll look back in years to come at the decision not to extend paid superannuation to parental leave as one of those anachronisms of the bygone era." 

US travel stocks surge following news of vaccine efficacy against Omicron, regulators to tighten grip on BNPL sector in Australia, Treasury's Intergenerational Report shines light on insufficient taxes for asset-rich Aussies, and MORE.

The cost to taxpayers of Australia’s ageing population will rise much faster than official forecasts, nearly doubling as a share of the economy in coming decades.