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Too many babies will hurt economy, says watchdog - Aus


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We've been told that with an aging population it's time to gird the loins. Now it seems that there is one view that too many kids will be a drag on the economy.

Too many babies will hurt economy, says watchdog

FORGET those plans to have a third child for the country because further increases in the birth rate could harm the economy, the nation's productivity watchdog has warned.

A major analysis of the nation's increasing fertility rate said it was at its highest level for 25 years - but the Productivity Commission yesterday warned further increases may aggravate rather than solve the problem of the ageing of the population.

This is because it will shift women out of the workforce while they care for babies, depressing labour supply and reducing the taxation base as our population ages.

The small number of extra babies born would make little difference to the rate of population ageing, the commission said.....

TOO MANY BABIES

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