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Aussies to Live Longer Despite More ‘Unequal’ World

The report says life expectancy will rise and the economy will be twice its current size, while the budget remains strained.

  • On Monday, Treasurer Jim Chalmers will release the government's second Intergenerational Report, a wide-reaching forecast of the Australian economy 40 years from now.
  • Australians born in 2065/66 are expected to live longer, healthier lives, with life expectancy predicted to reach almost 90 for girls and 86 for men.
  • Population growth will slow to less than 40 million in 40 years, while the economy becomes twice its current size and future government debt is slashed by half a trillion dollars compared to the 2023 report.
  • Opposition Leader Angus Taylor on Sunday claimed Labor would "cook the books" and rely on rosy productivity assumptions to deliver better-than-expected budget forecasts.
  • Chalmers warned that global risks are serious, yet Australia's opportunities remain endless; the Commonwealth faces a choice to "Keep up and succeed or lag and languish.
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The West Australian broke the news in Osborne Park, Australia on Saturday, September 19, 2026.
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