Philips said one of the consequences of low fertility rates was related to the ageing population.
More people are dying than babies being born, so you have this inverse proportion of dependency with an older population and less people in the future to look after them,”
Philips said one of the responses to tackle the ageing population was migration, but it was a “bandage solution”.
If you don’t migrant people who have babies, you don’t actually address that problem.”
Subscribe to The Briefing, Australia’s fastest-growing news podcast on Listnr today. The Briefing serves up the latest news headlines and a deep dive into a topic affecting you. All in under 20 minutes.