World News
Australian report projects deaths to surpass births by the 2060s
Treasury projections forecast slower population growth and lower long-term economic expansion for Australia.
The short version
- Australia's Intergenerational Report predicts deaths will outnumber births for the first time by the 2060s as fertility rates decline and the population ages.[The Guardian]
- Population growth is set to slow from a historical average of 1.4% to 0.9% annually, reaching 39.3 million by 2065-66.[The Guardian · Al Jazeera]
- The report forecasts lower real per-capita GDP growth, assuming long-term productivity will rebound to 1.2% through artificial intelligence adoption.[The Guardian · Al Jazeera]
- Business leaders questioned the assumed productivity gains, warning that improvements driven by artificial intelligence cannot be taken for granted.[Al Jazeera]
Key facts
- The Australian Treasury's Intergenerational Report projects that deaths will outnumber births for the first time by the 2060s.[The Guardian · Al Jazeera]
- Australia's population growth is expected to slow from 1.4% historically to 0.9% annually, reaching 39.3 million by 2065-66.[The Guardian · Al Jazeera]
- Real GDP per person is projected to grow by 1.2% over the next 40 years, compared to 1.5% over the previous four decades.[The Guardian]
What remains uncertain
- The Business Council of Australia disputed the report's reliance on artificial intelligence to restore productivity growth to 1.2%, stating those gains cannot be taken for granted.[Al Jazeera]
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.