Tag: population

Generation Locked Out Of Housing Market

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Last year when the Covid-19 pandemic first hit, Australia locked its international borders to protect its citizens. The economy has since suffered, and the housing sector worsened. Population growth typically leads to an increase in house prices, but now we have seen that even though there has been little to…

Aging Population A Worry For Taxpayers

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Aging population occurs in Australia when there is a decline in mortality rates, and high life expectancy, coupled with lower fertility rates. Because of the Covid-19 pandemic, there is concern that Australia’s tax system will not be able to support aging citizens with its smaller population. This is something that…