Get unlimited access. Subscribe today.

Create a free account, or log in

Australian economy in 2066 will be determined by AI-fuelled productivity boost

The latest Intergenerational Report highlights the critical role AI will play in the future of the Australian economy.
Jim Chalmers, Peter Costello
Treasurer Jim Chalmers pictured, with former Treasurer Peter Costello looming over him, as the Intergenerational Report 2026 is released. Source: AAP Graphics/Joanna Kordina; AAP Image/Lukas Coch, Dean Lewins, Joel Carrett

Healthier, wealthier and more equal, or smaller, poorer and more indebted?

Australia’s path for the next 40 years has been charted in the latest Intergenerational Report, and the direction the nation takes will have a lot to do with artificial intelligence.

Unveiling the triennial assessment of the nation’s economy on Monday, Treasurer Jim Chalmers said Australia faced unprecedented challenges, but would do so from a position of relative strength.

One of those challenges was the AI revolution, “the biggest economic transformation of our lifetime”, Chalmers said.

Sign up to continue

You've reached your article limit. Create a free account, or log in to continue.

Get our free newsletters in your inbox and extended article access by submitting your email.