Australia has a strong hand. Are we playing it well?
Older, bigger, slower growing, more diverse. Living standards at risk of going backwards. These were the key takeaways from the latest Federal Intergenerational Report (IGR), writes Dr Liz Allen. The intergenerational bargain or contract, which implicitly suggests that the country handed to each subsequent generation is the same, if not better, than the socioeconomic conditions enjoyed previously, has been eroded. Increasing or maintaining living standards can no longer be guaranteed. Australia’s dumb luck has run out.
ASX 200 companies have spent more than $36 billion on share buybacks over the last three years, new CEDA analysis has found, as firms prioritised returns to shareholders despite the need for key long-term investments.
Read more Opinion article February 27, 2023The referendum on the First Nations Voice to Parliament will be the most significant national moment of this generation. Many Australians first heard of the Uluru Statement from the Heart and the Voice to Parliament when the Prime Minister committed to the Statement in full during his victory speech at the most recent federal election. However, nearly a decade's work sits behind the Uluru Statement itself, writes Bridget Cama.
Read more Opinion article June 15, 2021Ahead of the release of the Commonwealth Government’s fifth Intergenerational Report, CEDA Chief Economist Jarrod Ball surveys some of the major challenges the report will have to consider in areas such as healthcare funding, productivity, and climate.