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On Liberty EP104 | Matt Taylor | The Intergenerational Challenge

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Manage episode 352085461 series 2296477
Contenuto fornito da The Centre For Independent Studies. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da The Centre For Independent Studies o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
Salvatore Babones returns to discuss the new CIS Intergenerational research program with Program Director Matt Taylor. Despite the 30-year economic boom that preceded the Covid pandemic, there is growing evidence that younger Australians have not shared in the benefits to the same extent as generations before them. These younger generations will bear the brunt of paying back the $617 billion of government debt incurred in the wake of the government response to Covid, debt that is set to peak at an eyewatering $1.2 trillion in 2025-26. As the cost of financing government debt and expenditures arising from an ageing Australia climb to historic levels, there will be fewer and fewer working age Australians per retiree. Since younger Australian will face far greater fiscal challenges compared to earlier generations, it is imperative that the Australian electorate — especially younger voters — make informed decisions at the ballot box. The CIS Intergeneration program will focus on policy reform that will ensure an equitable distribution of the burden of budget repair. Matt and Salvatore discuss the research the Intergenerational program will undertake, the challenges facing younger Australians and the extent of intergenerational income mobility in Australia.
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312 episodi

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iconCondividi
 
Manage episode 352085461 series 2296477
Contenuto fornito da The Centre For Independent Studies. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da The Centre For Independent Studies o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
Salvatore Babones returns to discuss the new CIS Intergenerational research program with Program Director Matt Taylor. Despite the 30-year economic boom that preceded the Covid pandemic, there is growing evidence that younger Australians have not shared in the benefits to the same extent as generations before them. These younger generations will bear the brunt of paying back the $617 billion of government debt incurred in the wake of the government response to Covid, debt that is set to peak at an eyewatering $1.2 trillion in 2025-26. As the cost of financing government debt and expenditures arising from an ageing Australia climb to historic levels, there will be fewer and fewer working age Australians per retiree. Since younger Australian will face far greater fiscal challenges compared to earlier generations, it is imperative that the Australian electorate — especially younger voters — make informed decisions at the ballot box. The CIS Intergeneration program will focus on policy reform that will ensure an equitable distribution of the burden of budget repair. Matt and Salvatore discuss the research the Intergenerational program will undertake, the challenges facing younger Australians and the extent of intergenerational income mobility in Australia.
  continue reading

312 episodi

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