THE AUSTRALIA INSTITUTE | Public policy think tank says: The number one driver behind increased government spending in Australia is our rapid rate of population growth. Every four years our population grows by about 1 million people which inevitably puts pressure on health, education and transport budgets. But while our population is growing faster than most developed countries, our spending isn’t. That is, while the absolute amount of spending by governments is growing rapidly, our spending per person, and our spending as a proportion of GDP is not. But despite the commission’s obsession with the spending side of the ledger there is no discussion, literally none, of the impact of population growth on government spending. Indeed, in their section on key demographic variables they conceal their assumed rate of population growth. (Sorry that this article disappeared this afternoon. A volunteer helper accidentally deleted this mornings post, and all associated likes and comments).
Posted on: Sat, 10 May 2014 06:07:55 +0000
Trending Topics
Recently Viewed Topics
© 2015