Despite hits, Australia's economy holds ground
Retail trade increased very slightly, although on an inflation-adjusted basis, spending continues to fall.
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Retail trade increased very slightly, although on an inflation-adjusted basis, spending continues to fall.
The indisputable reality is that the transition to carbon-free energy will be very expensive for years to come and likely to add to inflation.
Global warming threatens to have major impacts on Australia’s labour productivity, agriculture and tourism over coming decades, according to the Intergenerational Report, which makes climate change a major focus of its projections for the early 2060s.
Investing in your health now might just be the wisest long-term financial decision you can make.
In future, Australia will spend much more on aged care. This increased spending needs to be well planned, so access is protected and all older people – regardless of income – get the care they need.