Australia warns of risks from ageing population, falling birth rates
Australia forecast on Monday that deaths would exceed births for the first time in the 2060s, a demographic shift with far-reaching implications for an economy grappling with an ageing population, declining births and cuts to immigration. For decades, Australia has sustained population growth by relying on immigration to offset low birth rates. But with immigration now slowing, the country is starting to look down a path already taken by many advanced economies including Japan, Germany and South Korea, where...
