Can we meet the challenges laid out in the NSW Intergenerational Report?

The Economists' Corner

NSW has just released its five-yearly Intergenerational Report, and it’s a stark reminder of the generational challenges confronting the state – and the nation – over the coming decades.

The report makes it clear that as we emerge from the pandemic, federal and state governments must prioritise bold new policies on tax, housing, education and climate change to ensure higher incomes, better jobs and better services for Australians.

But the pandemic population freeze means migration will be even more critical to boost our working-age population, and support the rising costs of the ageing population.

To get a view on these challenges, CEDA CEO Melinda Cilento spoke with Stephen Bartos. He’s an expert in public sector governance and finance, and has twice served as the NSW Parliamentary Budget Officer.

But first, Melinda is joined by CEDA Chief Economist Jarrod Ball to discuss some of the issues we’re thinking about at CEDA this week.