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“Debt-free government is the best youth policy you will ever come across.” At the ASPIRE Conference, former Australian Treasurer Peter Costello warned that modern politics has forgotten intergenerational equity — fairness not just to voters today, but to those yet to be born. Reflecting on Australia’s shift from surpluses and low debt to rising spending and declining productivity, Costello argued the nation is steadily weakening the economic inheritance of the next generation. — @AspireConference Subscribe to our channel to watch conference sessions and new ASPIRE content. — Peter Costello served as Australia’s Treasurer from 1996 to 2007, overseeing a period of budget surpluses, major economic reform, and the elimination of federal government net debt. He later chaired the Future Fund, Australia’s sovereign wealth fund, and remains an influential voice on economic policy and intergenerational responsibility. — Linktree: https://linktr.ee/aspireconference Instagram: / aspire_conference Facebook: / aspireconferenceformaustralia X: https://x.com/ASPIRE_CONF LinkedIn: / aspire-conference Contact: https://aspireconference.org.au/#contact Donate: https://aspireconference.org.au/donate