NZ Fears Aging Population Threatens Economic Future
New Zealand is facing a demographic challenge due to its ageing population, which will lead to long-term economic problems.
The country currently battles high youth unemployment, but the trend suggests it needs more young workers to keep the economy running smoothly and generate tax revenue.
Liam Dann and Tamsyn Parker discussed this issue on the NZ Herald's podcast, unpacking the latest in economics. They highlighted that there is no question New Zealand faces a demographic challenge.