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Mon Aug 19

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. Shutterstock

Each 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...

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