Tag: income

What is inflation? Economics explained

Inflation is one of the most important concepts in economics. It’s also one of the simplest. It’s just the average rate that prices are...

Is Australia’s middle class falling behind?

The middle-class path to a financially comfortable life feels more uncertain for many Australians as inflation and house prices take a toll.Across Australia,...

What does it mean to be poor? The Australian government isn’t sure

Australia is terrible at measuring poverty. In fact, the country can’t even agree on what poverty is. Is it just about how much you...
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