The Treasury has published a speech by Chief Economic Adviser Dominick Stephens titled ‘Longevity and the public purse’, delivered at the Morrison annual conference in Queenstown.
The speech explores the fiscal challenges of an ageing population, focusing on how these challenges have evolved as four key factors change over time: government debt, labour force participation, migration and interest rates.
Read the related media statement Debt and deficits accentuate the fiscal challenge of an aging population.