EconomyAustralia’s deaths to outnumber births by 2060s, report says
Australia is projected to record more deaths than births in the 2060s as its fertility rate falls to 1.34, according to the Treasury’s latest Intergenerational Report. The population is forecast to reach 39.3 million by 2065–66, with immigration accounting for all growth and the number of people aged 85 or older tripling. Treasurer Jim Chalmers said demographic change poses serious risks, while the Business Council questioned whether AI can deliver the productivity gains underpinning the economic outlook.
Australia’s deaths to outnumber births by 2060s, report says
Economy