The report measures how Australia is advancing across six goals spanning a strong economy and a strong social compact to deliver prosperity for all Australians.

The central conclusion is direct: long-term prosperity depends on two pillars working together. A strong economy, driven by business dynamism, investment and innovation. And a strong social compact, targeted at genuine needs, that enables participation and sustains cohesion. It finds that Australia is not moving fast enough, and on too many fronts it is drifting.

Goals

1. Productivity, investment and innovation
2. Knowledge, skills and workforce
3. Energy transition and climate adaptation
4. Wellbeing, security and participation
5. Disadvantage and opportunity
6. Inclusion and equity.

Key findings

• Productivity growth is languishing. 
• Business entry rates have fallen from 15.1 to 10.7 per cent over two decades.
• Median house values now sit at 9.9 times median incomes.
• Disadvantage remains entrenched.
• Social exclusion among Indigenous Australians remains five times higher than the broader population.
• An ageing population is placing growing pressure on the social compact.