Is Australia in a 'baby recession'?

Dr. Liz Allen, ANU demographer, delves into Australia's 'baby recession' due to cost of living pressures, low birth rates, and implications on demographics. Topics include immigration, government incentives, Indigenous population growth, and societal challenges. The podcast analyzes total fertility rates, birth rate declines since the 1970s, and the impact on Australia's economy and government revenue. Factors influencing birth rate decreases, such as dual incomes and career focus, are discussed, along with predictions of an aging population and the need for innovative solutions.