Australia's Treasurer Jim Chalmers to release report projecting higher living standards and longer lives by 2060s

Australia's Treasurer Jim Chalmers will deliver a speech on Monday, September 21, 2026, presenting the seventh Intergenerational Report. The report projects that by the mid-2060s, Australians will have longer, healthier lives, with life expectancy rising to almost 90 for girls and 86 for boys. The economy is expected to more than double in size, and government debt is projected to be significantly reduced. However, the report warns of challenges from an ageing population, technological shifts, and global volatility. Chalmers will emphasize that Australia must keep up with technological change to succeed, while Opposition Leader Angus Taylor criticizes the report's assumptions.