An ageing population, declining living standards, and a climate that is getting hellishly hot - these are just some the bleak takeaways from Australia’s latest Intergenerational Report.

According to the report, there will be forty million people in Australia by 2060 and the main spending pressures on the Budget will grow from one-third to one half of all Commonwealth government spending.

Today, senior economics reporter Shane Wright and chief political correspondent David Crowe on Australia’s possibly terrifying future.

Cut through the noise of federal politics with news, views and expert analysis from Jacqueline Maley. Subscribers can sign up to our weekly Inside Politics newsletter here.

An ageing population, declining living standards, and a climate that is getting hellishly hot - these are just some the bleak takeaways from Australia’s latest Intergenerational Report.
According to the report, there will be forty million people in Australia by 2060 and the main spending pressures on the Budget will grow from one-third to one half of all Commonwealth government spending.
Today, senior economics reporter <a href="https://www.smh.com.au/by/shane-wright-h170pw">Shane Wright</a> and chief political correspondent <a href="https://www.smh.com.au/by/david-crowe-h0waa9">David Crowe</a> on Australia’s possibly terrifying future. Cut through the noise of federal politics with news, views and expert analysis from Jacqueline Maley. Subscribers can sign up to our weekly Inside Politics newsletter <a href="https://www.smh.com.au/link/follow-20170101-p5apym">here</a>.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

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