Business
Population decline due to coronavirus could cost economy $117b a year, KPMG forecast shows – ABC News
There could be a million fewer people than previously predicted in Australia by the end of the decade as a result of COVID-19, producing an annual hit to the economy of $117 billion by 2030 and an ageing workforce.
There could be a million fewer people than previously predicted in Australia by the end of the decade as a result of COVID-19, producing an annual hit to the economy of $117 billion by 2030 and an ageing workforce.
Key points:
- If there is no COVID-19 vaccine for two years, KPMG forecasts Australia’s population will be 1 million people lower in 2030 than predicted
- KPMG says Australia should make a more aggressive pitch for international students
- The Government is due to …
-
Noosa News23 hours agoWest Coast Eagles draftee Josh Lindsay wants to carry on Troy Selwood’s legacy
-
Noosa News24 hours agoHunt for suspects after family’s pregnant horse found shot dead on rural Queensland property
-
General10 hours agoGrieving parents of 4yo boy who drowned in Officer suing Melbourne Water, Cardinia council
-
Noosa News24 hours agoInsurers scramble after severe storms and hail slam southeast Queensland