Australian Treasury’s economic playbook is broken
In 2002, the inaugural Intergenerational Report (IGR) was released, which forecast that net overseas migration (NOM) would be 90,000 annually and that the population would grow to 25.3 million by 2042. Instead, Australia’s population has hit 28.1 million, according to the ABS Population Clock, about 4.5 million (19%) higher than the 23.6 million originally assumed The post Australian Treasury’s…
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