Treasurer Jim Chalmers has warned an ageing population could see the nation's workforce heavily diminished in the years to come.
Treasurer Jim Chalmers has warned an ageing population could see the nation’s workforce heavily diminished in the years to come.
Dr Chalmers has raised concerns about future workforce shortages due to longer life expectancy and a sharp decline in Australia’s fertility rate. The Treasurer called for childcare reform and improvements to the country’s migrant worker programme to address the concerns. The trends would also imply fewer Australians paying taxes to fund government services and a greater need for support for the aged care sector.
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