The Australian economy

  • wage growth is at a 30-year low
  • the top 1% has doubled its income over the same period
  • home ownership is at a 60-year low
  • inequality is at a 75-year high
  • the standard of living continues to decline
  • land prices have been in bubble territory since 1996
  • household debt is the highest in the world
  • government refuses to remedy a tax regime that’s fashioned this situation

Nothing to worry about really!

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