Two major reports released in the past week shine a light on Australia’s future.
The fifth Intergenerational Report addressed the sustainability of the Australian government budget through to 2060 based on current economic and demographic trends.
In the context of COVID-19’s disruptions to the national economy, it received much press attention. It made little comment on young Australians, beyond noting they make up a smaller proportion of the population than ever before. Yet young Australians are central actors in the nation’s economic future: they will determine patterns of population growth, workforce participation, productivity and social cohesion.
In contrast, Australia’s Youth, the first national report on young Australians in a decade, attracted little attention. The Institute of Health and Welfare (AIHW) report detailed how our 12- to 24-year-olds are faring in their health, education, housing, employment prospects, finances and well-being. In a decade where the liv
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