Tim Blair


New Criterion



Thursday, November 25, 2004
You and I are growing older, and so is the population of Australia.

It's a disaster, according to this report:
The booming aged population will halve economic growth in 20 years, leaving a $2200 billion budget hole over 40 years, a report warns
It's a bonanza, according to this one:
Australia will enjoy a golden era of income growth as wealthy baby-boomers retire leaving a legacy of an efficient and growing economy, a landmark report forecasts.
Both refer to the same official study by the Productivity Commission. Which interpretation was published in Henny Herald, and which by The Australian, do you think?