With the release of the latest ABS fertility rate data, it was revealed that the nation’s Total Fertility Rate (TFR) had fallen to its lowest level on record, slumping to 1.50 babies per woman.
This compares unfavourably with the figure of 1.67 recorded immediately prior to the pandemic and the average for the 2010s of 1.82.
In fact, the current fertility rate isn’t dramatically removed from where Japan’s was a decade ago, and alarm bells were ringing regarding Japanese demographics.
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