Australia's treasurer calls for higher birth rates due to declining population growth and the need for expanding markets for economic stability.
In high-income nations, falling fertility rates are a long-term planning challenge impacting social safety nets and labor markets without migration as a buffer.
Treasurer Peter Costello introduced a baby bonus in response to a low fertility rate, highlighting the struggle to incentivize higher birth rates for economic sustainability.
[
add
]
[
|
|
...
]