On Monday, Jim Chalmers released Treasury’s economic forecast for the next 40 years in the Albanese government’s second intergenerational report.

The outlook predicts major challenges on geopolitics, the AI transformation, and for the first time, deaths will overtake births in Australia within a few decades.

The treasurer speaks with Guardian Australia’s political editor, Tom McIlroy, and economics editor, Patrick Commins, about why he’s optimistic Labor’s policy agenda is preparing the country for an unpredictable future

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