New report predicts Aussies will live longer and poorer | 7NEWS
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Treasury's latest five-yearly intergenerational report forecasts Australia's demographic and economic landscape over the next 40 years, predicting a median age rise of more than six years, tripling of the over-85 population, and continued federal budget deficits. The report identifies artificial intelligence as a transformative force expected to boost productivity to 1.2%, while highlighting migration as key to maintaining working-age population growth despite falling fertility rates and deaths outnumbering births. The analysis points to younger Australians living longer with parents and starting smaller families, amid warnings of a more fractured and threatening global environment. Subscribe and set ๐ ยป https://7news.link/YTSubscribe | For the latest Australian news and breaking news alerts, connect with 7NEWS online: Visit ยป https://7news.com.au 7Plus ยป https://7plus.com.au/ 7NEWS Podcast ยป https://open.spotify.com/user/dm9fk9hzoe68ibpttheragdgi Facebook ยป https://www.facebook.co
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