September 22, 2026 — 4:25am

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Australia’s population is ageing more quickly than previously expected, driven by a rapid decline in the number of births per woman.

The federal government’s seventh intergenerational report, released by Treasurer Jim Chalmers on Monday, forecasts Australia’s median age, now 38.5 years, to reach 45 years by 2066 – nearly two years older than the previous intergenerational report forecast three years ago.

Over the next four decades, the population aged between 0 and 20 is projected to grow by a little over 10 per…

Read the full article at SMH.COM.AU