MacroBusiness Access Subscriber Only Content at 10:00 am on July 6, 2021 | 16 comments The latest Intergenerational Report (IGR) from the Australian Treasury warned incessantly that Australia faces an ageing population timebomb in the decades ahead that will slow economic growth and derail the federal budget’s return to surplus. Given the Treasury’s bluster over an ageing population, it is hard to believe that policy makers still allow migrant Australians to import around 9,000 elderly parents into Australia each year via the permanent parental visa program. Doing so immediately ages Australia’s population while adding directly to the burden on economic and social infrastructure that has been paid for by other Australians.