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Australia’s sixth Intergenerational Report (IGR 2023) focuses on the combined impact of five key forces: population aging, technological transformation, climate change, rising demand for care services, and geopolitical risks. 

IGRs provide long-term projections, emphasising the significance of demographics, participation, and productivity. The report predicts a slowdown in population growth, an aging population, and a decline in labor force participation. Labor productivity remains a critical driver of economic growth.

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Olivia Mitchell