Young Australians will bear the brunt of an older, smaller, more indebted country - a podcast by ABC Radio

The latest snapshot of the nation's economic future is predicting an older, smaller and more heavily indebted Australia and no sign of a surplus for another 40 years.

It's sobering news for young Australians who will have to pay more tax to support an ageing population, while that classic dream of owning a home and raising a family becomes even more elusive.

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