Ten Things About to Change in Australia

Every few months, a new report lands that says everything is about to change. Interest rates, migration, AI, the tax system. Take your pick. Most of it is noise. Dressed up as insight.

In today's episode Simon Kuestenmacher and I step back from the noise and look at what the actual demographic evidence says is going to change in Australia over the next ten years, and just as importantly, what almost certainly won't.

You see…Australia is entering a decade of profound change.

By the middle of the next decade, we are likely to have another four million people, many more older Australians, smaller households, a much larger care economy and a workforce being reshaped by artificial intelligence.

Our cities will be bigger, our population will be more culturally diverse, and the way Australians work, form families, inherit wealth and choose where to live will continue to evolve. And what about AI? How is that going to change our lives?

Yet some of the forces shaping our economy, property markets and communities will remain remarkably familiar.

As we discuss the demographic forces likely to reshape Australia over the next decade, we examine Australia's projected population growth and its implications for housing demand, infrastructure, employment, and consumer spending.

We explore how an ageing population will increase pressure on healthcare, aged care, pensions, taxation, and workforce requirements.

We discuss how changing household sizes, migration patterns, and millennial family formation will influence future housing needs.

We also consider how artificial intelligence, climate change, and population concentration could affect property markets and Australia's broader economic outlook.

Takeaways

• Australia's population growth will increase demand for housing and infrastructure.