Tom Elliott says there are good reasons for why Australians are having less children, after Jim Chalmers called for Australians to have more babies.

He points out the last time a federal treasurer pushed for more births, they implemented a “sizeable” baby bonus.

“Now, $5 grand back then, was a sizeable sum of money, it wasn’t nearly as much, obviously, of what it costs to raise a baby, but it actually lifted the birth rate,” he said.

Press PLAY to hear his reasons for the falling birth rate

Image: iStock.