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We’re all getting older and something has got to give

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Content provided by The Spinoff. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Spinoff or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

As our national population grows older (and the superannuation system becomes increasingly burdened by the growing ranks of retirees), how will the government balance the books? The ratio of tax-paying adults to superannuitants is steadily falling, and raising the age of eligibility for super won't cover the forecasted shortfall. So what kind of fiscal policy changes are needed before public debt starts getting scary?

Dominick Stephens, chief economic adviser at the Treasury, joins Bernard Hickey to discuss the long-term unsustainability of our current situation, the impacts of migration and outsized labour force participation by over-65s, and what’s at risk if we don’t make changes soon.

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218 episoade

Artwork
iconDistribuie
 
Manage episode 443362282 series 2895797
Content provided by The Spinoff. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Spinoff or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

As our national population grows older (and the superannuation system becomes increasingly burdened by the growing ranks of retirees), how will the government balance the books? The ratio of tax-paying adults to superannuitants is steadily falling, and raising the age of eligibility for super won't cover the forecasted shortfall. So what kind of fiscal policy changes are needed before public debt starts getting scary?

Dominick Stephens, chief economic adviser at the Treasury, joins Bernard Hickey to discuss the long-term unsustainability of our current situation, the impacts of migration and outsized labour force participation by over-65s, and what’s at risk if we don’t make changes soon.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

218 episoade

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