Australian women's life expectancy to reach 90 by 2065, Treasury projects
Women will live to nearly 90. Men will live to 86. The economy is forecast to more than double by 2065.
The Treasury released its long-term report on Monday. It projects Australia's future to 2065.
Women born then will live to nearly 90. Men will live to 86.
That is about four years longer than today. The economy is forecast to more than double in size.
Government debt is expected to drop by half a trillion dollars compared to earlier forecasts. These gains depend heavily on artificial intelligence boosting productivity across the economy.
Australians will retire with much more retirement savings. This offers greater financial security.
But the nation faces an ageing population and rapid technology shifts. These are both challenges and opportunities.
- almost 90 years
- Women's life expectancy in 2065
- 86 years
- Men's life expectancy in 2065
- more than double
- Economic growth forecast
- half a trillion dollars
- Government debt reduction
Why it mattersThe forecast shows Australia's path to much higher living standards. But growth relies on AI development. Managing demographic shifts carefully also matters.
AustraliaAustralians planning retirement should expect both longer lives and higher superannuation, but economic gains hinge on staying competitive in AI.
Corroborated bythemandarin.com.au
✓ Claims checked against the source and corrected before publish. checked 4 d ago
