Living standards predicted to fallFRIDAY, 23 APR 2004 3:57PMAgeing demographics and rising health costs will see Australia's living standards fall 27% below what they would otherwise be - the equivalent of $130 billion a year in today's terms, according to a report released last week by the Association of Superannuation Funds of Australia. |
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Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
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