The Intergenerational Report, released by Treasurer Jim Chalmers, says five main forces will shape Australia’s economy over the coming four decades:
- Population ageing
- Expanded use of digital and data technology
- Climate change and the net zero transformation
- Rising demand for care and support services
- Increased geopolitical risk and fragmentation.
These forces will “change how Australians live, work, and engage with the world”.
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