The population might be ageing, but not as rapidly as thought just a few years ago.
It stands to reason that economic projections aiming decades into the future need to be taken with a grain of salt.
Nevertheless, the third Intergenerational Report, which was released yesterday by the Treasurer, Wayne Swan, provides good testimony to the trouble that economists have in mapping the shape of a changing demography.
Alan Collett alan-at-gomatilda-dot-com Registered Migration Agent Number 0102534 Fellow of the Institute of Chartered Accountants in England and Wales Member of the Institute of Chartered Accountants in Australia http://www.gomatilda.com and http://www.gmtax.com.au Offices in Southampton - England; Melbourne, Perth, and Brisbane - Australia
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