Here’s some breaking news for Baby Boomers. You’ve had a very good run and you’re just about done.

The luckiest generation in history, at least in the developed economies, entered the world from the end of World War II through to the mid-1960s. They’ve never known global catastrophes like the world wars or the Great Depression, when millions went hungry, including in Australia.

Millennials ... a voting force.

Many experienced the advent of sewered homes, clean town water and free medical care and universities – massive public investments. As they matured they rose to positions of power in business and government. For decades, they’ve called the shots and in Australia arranged things into an edifice of self-interest.

Now they and the policy settings they put in place are on the endangered list. We live in a democracy with compulsory voting. Generationally, the biggest voting bloc is now the Millennials, born from the mid-80s to the turn of the century – and it is growing by 30,000 every year.