For the first time in centuries, we're setting up a generation to be worse off than the one before it
- Written by Kate Griffiths, Senior Associate, Grattan Institute
The avocado latte is indeed a thing, but young Australians are spending less on luxuries than they used to, while older Australians are spending more.
ShutterstockEach 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...
