NATIONAL AFFAIRS Intergenerational Report: a waste of time and money*

The IntergenerationalReport, a five-yearly preview of the situation in Australia in 40 years’ time, inevitably suffers from the fact that it is a government document, in fact a Treasury document, which deals with the government’s own agenda rather than the challenges facing the country in the future. Under the Charter of Budget Honesty Act 1998, the Treasurer is required to publish an Intergenerational Report every five years that assesses the long-term sustainability of current gov…

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