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A smaller Australia but a more dependent one: 2021 Intergenerational Report
Australian treasurer Josh Frydenberg holds a copy of the 2021 Intergenerational Report in Melbourne on June 28, 2021. Source: AFP
Australia is going to be smaller, and the population will age more rapidly - that is the snapshot from the Federal Treasury. The intergenerational report is released roughly every five years, and it's intended to guide government spending over decades. This one shows more people will need to rely on the government - and there will be fewer people to keep the economy working. That story by Anna Henderson and Tys Occhiuzzi for SBS News, produced by Praba Maheswaran for SBS Tamil.
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