This report projects an outlook for the economy and the Australian Government’s budget over the next 40 years. It examines the long-term sustainability of current policies and how demographic, technological and other structural trends may affect the economy and the budget.
The report projects an outlook for the economy and the Australian Government’s budget over the next 40 years. It examines the long-term sustainability of current policies and how demographic, technological and other structural trends may affect the economy and the budget.
The Government is easing population pressures on Australia’s big capitals and supporting the growth of smaller cities and regions. By managing the rate of growth through the migration program and planning and investing in infrastructure, housing and services, the Government is ensuring that we are meeting the needs of current and future generations.
The National Population and Planning Framework was agreed by COAG in February 2020. The Framework seeks to enhance the ability of jurisdictions to manage their individual population circumstances by offering all levels of government greater visibility of each other’s population planning processes. It also seeks to encourage greater cooperation and transparency, with a focus on areas of mutual interest.
Australia has long stood out from other similar nations as a country shaped by strong population growth and migration. Shaping a Nation traces the growth and changes in Australia’s population and migration story and the social, economic and fiscal impacts this has had.