Australia's older generations are richer than before, while younger ones are falling behind | Kate Griffiths and Danielle Wood

Economic growth is slow, Australia’s population is ageing and the climate crisis looms. The burden of these changes mainly falls on the young

Each new generation of Australians since federation has enjoyed a better standard of living than the one that came before it. Until now. Today’s young Australians are in danger of falling behind.

A new Grattan Institute report, Generation Gap: Ensuring a Fair Go for Younger Australians, reveals that younger generations are not making the same economic gains as their predecessors.

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from The Guardian https://ift.tt/31L2Qx3
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