Unpacking Australia 2066 - What it means for your money!

 

Treasury's 2026 Intergenerational Report looks 40 years ahead, to 2065–66. In this episode, Scott and Ara put it into plain English and ask the practical question: what does it mean for your household?

 

In this episode:

  • What the Intergenerational Report is, and why it's a map rather than a crystal ball

  • An older, slower-growing Australia, with the number of Australians aged over 85 expected to triple by 2066

  • A bigger economy, with income per person projected to be 55% higher by 2065–66

  • AI, work and why skills and adaptability now form part of your financial plan

  • Housing and fairness between generations, which the report covers in its own chapter

  • Super, retirement and the Age Pension in a country where people live longer

  • Practical steps for younger Australians, families and retirees

Key takeaway: You can't control the national outlook. You can build a plan that holds up while things change.

 

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General Advice Warning Information in this podcast has been prepared for general information purposes only and not as specific advice to any particular person. 

 

Any advice contained is General Advice and does not take into account any person's particular investment objectives, financial situation and particular needs.  Before making an investment decision based on this advice you should consider, with or without the assistance of a qualified adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances.  Past performance of financial products is no assurance of future performance.  Product Disclosure Statements contain information necessary for you to make a decision whether or not to invest in financial products which may be mentioned in this podcast.

 

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We recognise the continuing connection Aboriginal and Torres Strait Islander peoples have to Country, community, culture and knowledge.

We also acknowledge that long before colonial settlement, First Nations peoples maintained sophisticated systems of trade, exchange, reciprocity and resource sharing across this continent.

As we talk about money and financial wellbeing, we recognise that economic life on this land has deep roots in the world’s oldest continuing cultures.

Money Mechanics with Scott Malcolm

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