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Economic challenges and opportunities ahead for Australia

By at February 18, 2014 | 12:48 pm | 0 Comment

Economic challenges and opportunities ahead for Australia

Australian Productivity Commission predicts Australia’s living standards are expected to grow at a lower rate or even fall over the next decades. Australia’s population is expected to grow from 23 million in 2012 to 38 million by 2060. The forecasted lower participation rate combined with tremendous growth in aging population will put increasing pressure on the more...

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