Nine hits are falling into place

Federal budget attacks on middle and upper income Australia have taken effect on the economy and will make it increasingly difficult for Julia Gillard to win the next election.

The federal government’s attack on the Australian middle class is now falling into place. So much so, that in his KGB interview Stockland chief executive Matthew Quinn says that after decades where the income disparity in Australia was widening and middle-to-upper income earnings were increasing faster than those at the bottom of the pile, the gap is narrowing.

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