Despite 28 years of uninterrupted economic growth, future generations of Australians face being worse off due to increasing household debt, cost-of-living pressures, rising wealth inequality, climate change impacts and environmental degradation.
Evaluating Australia’s progress by 2030
We modelled four development scenarios for Australia through to 2030:
- “Growth at all Costs”, emphasising economic growth
- “Green Economy”, emphasising environmental outcomes
- “Inclusive Growth”, emphasising social equality
- “Sustainability Transition”, balancing economic, social and environmental outcomes.
Each scenario involved different policy and investment settings, particularly around tax and subsidies, government expenditure and private investment.
We then evaluated each scenario against the Sustainable Development Goals, an internationally recognised set of targets and indicators that measure national progress in 17 major areas. These include economic growth, poverty, inequality, education, health, clean water and clean energy.
- ^ 28 years (theconversation.com)
- ^ being worse off (www.sdgtransformingaustralia.com)
- ^ increasing household debt (www.sdgtransformingaustralia.com)
- ^ cost-of-living pressures (www.sdgtransformingaustralia.com)
- ^ rising wealth inequality (www.sdgtransformingaustralia.com)
- ^ climate change impacts (www.aidr.org.au)
- ^ environmental degradation (soe.environment.gov.au)
- ^ new research (www.nature.com)
- ^ Sustainable Development Goals (www.un.org)
- ^ CC BY-NC-SA (creativecommons.org)
- ^ Australia falls further in rankings on progress towards UN Sustainable Development Goals (theconversation.com)
- ^ If you think less immigration will solve Australia's problems, you're wrong; but neither will more (theconversation.com)
- ^ Australia has the wealth to ensure a sustainable future, but too many people are being left behind (theconversation.com)
- ^ dominates political debate in Australia (www.businessinsider.com.au)
Authors: Cameron Allen, Researcher, UNSW