Thomas Walker is the CEO of Think Forward, an economics think tank run by younger Australians.
The next generation of great Australian workers, carers, thinkers and businesses comes from investing in Australia’s people, not from tax breaks.
The spending and accumulation of Australia’s asset-rich owners is counteracting the belt-tightening of earners – and there’s only one way to fix it.
If you’re buying your fourth investment property, you’re a true-blue Aussie. But a student receiving rent assistance? You’re a fiscal burden.
The social contract - the idea that a job is enough to feed and house a family - has been lost.
What many wealthy Australians don’t seem to realise is that their wealth has grown with considerable taxpayer support – over $100 billion to be exact.
We’re in the middle of the largest intergenerational wealth transfer ever, and it’s beginning to tear at our nation’s social fabric.