"Vast opportunities" lie ahead if the nation takes maximum advantage of big shifts under way in the economy, Treasurer Jim Chalmers has said, ABC News reports.
Flagging the release of the latest intergenerational report on August 24, Dr Chalmers said the document would highlight the major forces shaping the society, the economy and the budget over the next 40 years.
These would include the shift to renewables, the rise of artificial intelligence, the ageing of the population and the possible retreat of globalisation.
"Australians can own the future if we manage and maximise the big shifts underway and make the most of this defining decade that we're in right now," the Treasurer told ABC radio.
"Our big objective here has to be, how do we make more Australians beneficiaries, not victims, of the big shifts and transitions which are underway in our economy and in our society.
"We do that by making our economy more productive and more dynamic and more competitive, but also by making sure that ... more people feel the benefits of that".
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'We can own the future': Treasurer flags vast opportunities in upcoming intergenerational report (Mandurah Mail)
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Jim Chalmers
