Half of Australians seeing falling living standards

Tuesday 18 April 2017

From Essential poll:

Only 13% of Australians are seeing rising living standards. This is a stunning number that explains pretty much everything about contemporary politics. This is the lived experience of Australia’s failed post-mining boom adjustment which politics failed completely to grasp.

It would have been fixed by offering a plan that:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.