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A Set of Generational Accounts for Australia: Base Year 1994/95

Published online by Cambridge University Press:  01 January 2023

John Ablett*
Affiliation:
Department of Economics and Finance, University of Western Sydney, Macarthur
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Abstract

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The baseline Australian generational accounts for 1994/95 presented in this paper reveal a moderate imbalance in favour of current generations, and thus a reversal of the imbalance evident in the 1990/91 base year accounts (Ablett, 1996a). However, alternative simulations suggest the fiscal constraint implied by recent official government projections should be sufficient to correct the generational imbalance of the baseline accounts. Generational accounting results involving several migration scenarios are also presented. These lend support to the view that migration has an overall net positive effect on government finances.

Type
Research Article
Copyright
Copyright © The Author(s) 1997

Footnotes

*

Thanks are due to John Nevile, Peter Saunders and Bruce Bradbury who kindly provided the authorisation and assistance required to access the database of the Social Policy Research Centre of the University of New South Wales.

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