Australia: “Babies a drag on the economy, report says”
The Daily Telegraph reports:
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.