Ian Verrender

speaker

3,682 appearances 32 recordings 5 series first heard Mar 2026 last heard 3d ago

Ian Verrender’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 32 in all, peaking in Jun 2026 with 10.

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ABC Business Daily · What will it cost to live longer? · 22 Sep 2026 podcast

And I'm Ian Verander, the NBC's Chief Business Correspondent.

Look, I guess these intergenerational reports uh I mean, look, let's say how difficult is it to try and predict the future.

I mean, you know, people are out there making a fortune trying to predict what's happening with interest rates uh next month, and no one can seem to agree on it.

So trying to come up with a a cogent argument about where we're going to be in 40 years' time is almost impossible.

But it's a useful exercise, nevertheless, and when you don't hit those

targets that you thought you were gonna hit twenty years ago as the first report in two thousand and two and w it was what twenty four years ago now.

Um you know when you don't hit those targets you have a look and see well why didn't we?

What changed?

What went wrong and maybe that's a bit of a roadmap as it were to to try and figure out well here's something that we can fix to ensure that we do get to where we want to be in in the in the

In the future.

There's no doubt that we are facing a pretty difficult environment uh in the next few years.

I mean, you just look at what's happening with uh geopolitical situation at the moment.

Uh, you know, you've got superpowers at loggerheads, China, Russia, America, um, trade seemingly falling apart, uh, wars in uh in Europe and the Middle East and elsewhere, of course.

So things aren't uh

Terrific at the moment.

And and of course, when you look at this uh uh I guess uh intergeneration report about where we're gonna be in 40 years time, as you say, we're gonna there's gonna be a lot more of us, but uh the we're all going to be a lot older as well.

And that creates a lot of challenges and it's something that we really need to, I guess, address how we how we cope with that.

Well, you know, you can always fix these kind of situations, but there are some pretty unpalatable decisions that you have to make to fix them.

You know, if you're not bringing in enough tax to cover, you know, your costs, your expenditure, well you can do one of two things.

You can either raise taxes or you can cut your expenditure or a combination of of the two.

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