Young Australians may endure worse lives than their parents, ‘worried’ productivity chief warns

Productivity Commission chair urges growth mindset' to solve looming problems for future generations ahead of economic summit, while reiterating call to limit AI regulation

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Young Australians may endure worse lives than their parents, the nation's productivity chief has warned.

Danielle Wood, chair of the productivity commission, said young people are facing a future of lower wages, increased costs and the impacts of climate breakdown without major government action to tackle major economic challenges.