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Federal politics live: Australians to live longer and have fewer children by 2066
Australia's population will come close to 40 million people by 2066 as Australians live longer but have fewer children, according to the latest intergenerational report.
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Australians → live → report
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Albanese names former News Corp executive to top NY gig
While launching the bid, Albanese named former News Corp executive Siobhan McKenna as Australia's next Consul-General in New York, securing one of the country's most sought-after postings.
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Albanese → choose → postings
"Siobhan McKenna is a professional, and she will do an outstanding job representing Australia and the Australian government here in New York," Albanese said.
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Albanese → do → York
McKenna — a former top lieutenant of Lachlan Murdoch — is currently the Australia Post Chair and will succeed businesswomen Heather Ridout whose term expires in December.
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term → succeed → December
In addition to McKenna, Foreign Minister Penny Wong also confirmed several senior DFAT officials have been appointed to several overseas postings.
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officials → confirm → postings
Joel McGregor has been appointed as the next ambassador to Egypt, Jamie Isbister as the next Papua New Guinea high commissioner and Lucienne Manton as Australia's next ambassador to Timor-Leste.
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McGregor → appoint → Leste
Australia launches campaign for two-year seat on UN Security Council
Anthony Albanese has officially launched Australia's campaign for a two-year term on the powerful United Nations Security Council, declaring Australia "punches above its weight" and wants to help shape the global response to issues including the rapid rise of AI.
Declaring Australia is "in a pretty strong position" to nab one of the two spots available, the prime minister released a slick campaign video to accompany the campaign in New York on Monday, where dozens of world leaders are gathering for this year's UN General Assembly.
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dozens → launch → Assembly
Speaking to reporters at the UN headquarters Albanese said having a seat at the table would enable Australia to influence the way the world responds to emerging challenges including AI.
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world → speak → AI
"Australia's voice on the council matters, so we can be a part of shaping some of these biggest issues which are facing the world and our nation," Albanese said.
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Albanese → matter → world
"Australia punches above our weight.
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Australia → punch → weight
Punches above our weight, and we can have an impact on the world, and that's what I want to see Australia do."
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Australia → have → what
-empting critics at home, Albanese said the campaign would be "very modest" and sought to remind voters that Australia is not immune from global crises including the conflict in the Middle East which is hammering Australia's economy and sending fuel prices soaring.
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which → - → prices
Pace of change eroding trust:
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Treasurer Jim Chalmers will today warn that the pace of change is eroding trust in institutions, as the world becomes a more "dangerous" and "divided" place.
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world → warn → institutions
Chalmers is expected to make the remarks during a speech today to launch the intergenerational report, which gives a snapshot of what Australia will look like 40 years from now, in 2066.
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"The world is becoming more dangerous, more unpredictable, more unequal, and more divided," he will say.
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he → become → ?
If people are unmoored economically, generationally, they feel disconnected from, and disregarded in, our politics.
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they → feel → ?
The latest intergenerational report "illuminates the path ahead", he will say, adding that Australians face "very serious risks and pressures", but are also better prepared to deal with them.
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Australians → illuminate → them
The treasurer will say the government has a plan to grow the economy, lift living standards and embrace new tech.
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government → say → tech
We'll bring you more coverage of his speech and the report later in the day.
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Key Event
What will Australia look like in 2066?
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We're expecting the full intergenerational report later today, but for now Treasurer Jim Chalmers has given us a few hints.
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Firstly, we'll be living longer and having fewer kids.
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we → live → kids
That means population growth will slow, and Australia is expected to be a country of just under 40 million people in four decades' time.
Chalmers says our economy will be "completely transformed" by AI, and will also be shaped by cheaper and cleaner energy.
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economy → mean → energy
He adds living standards will be higher, people will retire with more super, and the economy will be more than double its current size.
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economy → add → super
But the budget will be under strain, and he warns that all this will take place "in a much more fragmented and uncertain world".
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this → warn → world
For a closer look at the numbers:
- The population growth is projected to slow from an average of 1.4 per cent a year over the past 40 years to 0.9 per cent a year over the next 40 years.
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growth → project → years
We'll bring you more on that report later when we get more details.
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we → bring → details
I'm Courtney Gould from the ABC's Parliament House team, here to guide you through the day.
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Overnight, he launched Australia's bid for a seat on the UN's security council.
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he → launch → council
More on that shortly from Jane Norman who is travelling with the prime minister.
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who → travel → minister
Back at home, Treasurer Jim Chalmers will release the latest intergenerational report.
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I'll bring you more on that in just a moment.
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The Sun is up and so are we, so let's get blogging.
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