Australia's Birth Rate to Fall Below Death Rate by 2060s
Treasury’s 2026 Intergenerational Report projects that the current fertility rate of 1.48 children per woman will fall to 1.34 by 2065–66.

TL;DR
- Australia's low birth rate is projected to fall further.
- Deaths are expected to outnumber births by the 2060s.
- Housing insecurity and other factors contribute to people delaying having children.
- Migration will be the main driver of population growth in the future.
- This is the first time an intergenerational report has predicted more deaths than births.
- The current fertility rate of 1.48 children per woman is projected to fall to 1.34 by 2065–66.
- A brief recovery to 1.5 children per woman is expected in the early 2030s.