- The government wants to see economic growth.
- The government has to reform the tax mix and increase the employment rates for older people and women.
- Each reform can increase the GDP to $25 billion by 2022.
- Together they can increase the economy to more than $70 billion.
- For older ages, the drive to work would be to raise the eligibility age for the aged pension and the superannuation.
- Ways the Government is Trying to Encourage Economic Growth:
- The Australian government is trying to encourage women and older people to work. This is so Australia’s GDP increases in the future. This relates to the unemployment rate because in order for there to be economic growth, more people need to work. This also relates to GDP because that is what will increase if more people become employed.