Long view, short patience: Australia weighs 40-year economic forecast
Australia’s Seventh Intergenerational Report offers a 40-year forecast meant to anchor policy beyond election cycles, but MPs from across the spectrum doubt its long-range accuracy amid rapid tech change, AI disruption, aging demographics, housing pressures, and rising debt. They value the long-term lens but call for a concrete policy roadmap and a broader set of metrics on productivity, infrastructure, climate, and regional needs to address looming costs and living standards, rather than relying on forecasts alone.