Australia's middle class is feeling the squeeze

In the US, the middle class is not taking part in the country's economic revival, and a similar phenomenon is occurring in Australia. Can the trend be reversed?

While Australia steers the G20 into a growth target agenda, there is a much bigger problem: middle-class families are not participating in better economic times.

This was underlined in this week’s graph from the New York Times, which shows that the historic link between American GDP and middle-class incomes has been broken.

Graph for Australia's middle class is feeling the squeeze


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