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Treasury's IGR "based on one big lie" - MacroBusiness


MacroBusiness
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By William Bourke, President of the Sustainable Australia Party
On 28 June, the fifth ‘Intergenerational Report’ (IGR) was finally released.
After a long delay, Federal Treasurer Josh Frydenberg and the Treasury lay it all out.
The problem is the IGR is based on one big lie.
Treasurer Josh Frydenberg outlines how 30 years ago, for each person aged over 65, there were 6.6 people of “working age”. Today, there are four working age people and by 2060-61, there will only be 2.7 for each person aged over 65. In other words, the economy can’t afford an ageing population.
You’d think workforce participation had gone down in the last 30 years, with worse to come. It hasn’t. The opposite has happened. ....

Josh Frydenberg , William Bourke , Sustainable Australia Party , Australian Bureau Of Statistics , Sustainable Australia , Intergenerational Report , Federal Treasurer Josh Frydenberg , Federal Treasury , Australian Bureau , Reserve Bank , வில்லியம் போர்க் , நிலையான ஆஸ்திரேலியா கட்சி , ஆஸ்திரேலிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் , நிலையான ஆஸ்திரேலியா , கூட்டாட்சியின் கருவூலம் , ஆஸ்திரேலிய பணியகம் , இருப்பு வங்கி ,

Do you really want to vote above the line? Your quick election guide to WA's 19 parties


Do you really want to vote above the line? Your quick election guide to WA’s 19 parties
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Polling shows Premier Mark McGowan is set for a resounding victory in the lower house come March 13, but whether his popularity translates to Labor coming anywhere near a majority in the upper house is a whole different equation.
Every vote, whether it be for a micro or major party, makes a difference this election in determining the delicate balance of power for the Legislative Council, given candidates could get in with a handful of votes. ....

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