Australia's economy to slow as AI and ageing reshape nation by 2066

7News Just In · Sep 21, 2026 · 1m

Australia's latest intergenerational report projects the nation's population will grow from 28 million to nearly 40 million by 2066, with deaths outnumbering births for the first time in the 2060s. The AI revolution is identified as the defining influence on the economy over the next 40 years, alongside fragmenting geopolitical tensions and energy security concerns. Annual GDP growth is forecast to slow to 2 per cent compared to the 3 per cent experienced over the past 40 years, though income per capita is expected to be 55 per cent higher.See omnystudio.com/listener for privacy information.