Government financed IVF will not solve the birth decline, nor will a plethora of government carrots and incentives for short term fixes. Because Australia has a long tradition with immigration I don’t see low birth rates as a dire problem, it is bad news for older homogenous societies like Russia, China and Japan. What will be necessary though is a shift in our composition of tax policies and handouts. Much more tax collections will have to come from non personal income.
Government financed IVF will not solve the birth decline, nor will a plethora of government carrots and incentives for short term fixes. Because Australia has a long tradition with immigration I don’t see low birth rates as a dire problem, it is bad news for older homogenous societies like Russia, China and Japan. What will be necessary though is a shift in our composition of tax policies and handouts. Much more tax collections will have to come from non personal income.