Release of the Productivity Commission Report on First Home Ownership
June 23, 2004News Corp; Australian Stock Exchange; Workers Compensation
June 25, 2004
NO.053
IMPLICATIONS OF THE FUTURE AGEING OF AUSTRALIA’S POPULATION
The Treasurer, the Hon Peter Costello, today asked the Productivity Commission
to undertake a research study into the economic and fiscal implications of the
future ageing of Australia’s population.
The study, endorsed by the Council of Australian Governments, will help governments
to improve their understanding of the challenges and opportunities arising from
the projected ageing of Australia’s population.
The research will complement other initiatives which have been undertaken
by the Australian Government on demographic change. These initiatives include
the Intergenerational Report, released as part of the 2002 03 Budget, and the
discussion paper Australia’s Demographic Challenges, which was
released in February 2004 to encourage community debate on these issues.
The Productivity Commission has been asked to report within nine months. The
attached.
People wishing to obtain further information on the inquiry or register their
interest can do so by visiting the Productivity Commission’s website at:
www.pc.gov.au or by contacting the Commission
directly on (02) 6240 3239.
CANBERRA
24 June 2004
Contact: David Alexander
02 6277 7340