Is The Australian “Fair Go” Broken?
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- Опубліковано 10 лип 2024
- When I landed in Australia in 1995, I was immediately struck by the concept of a “fair-go” being right at the heart of the Australian psyche. But more recently it appeared to me that this was becoming something of a myth, as inequality and poverty started to expand and impinge on people who previously were able to get on, buy and house, and enjoy the Australian dream.
The Productivity Commission just released a research paper titled “Fairly equal? Economic mobility in Australia” and make the point that Inequality is a serious concern when people at the bottom of the income distribution cannot meet their basic needs or where they experience the stress of economic insecurity. And inequality is a serious concern when it limits people’s future opportunities. The countries with the highest inequality are also the countries with the lowest intergenerational mobility, with children from poor families more likely to be poor themselves.
www.pc.gov.au/research/comple...
The truth is the fair-go ideal is dissipating, and people are becoming less mobile economically speaking. Those with wealth in the family will enjoy the benefits, but a larger proportion of people are stuck in a poverty rut, and have few ways to escape. Bye-Bye Fair Go Australia.
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As a Kiwi, my wife and I were surprised to see big billboards advertising residential property entirely in the Chinese language when we were on the motorway to Melbourne airport. Obviously this was for investment and it was back in 2016. If you invite the entire world in to buy residential property in your own country why would you be surprised that young Australians cannot buy a home in 2024? It is not about where people come from, it is the sheer number of people coming in that is the problem. It can only exacerbate inequality in Australia.
Sickening.Politicians/ beaurocracy getting kickbacks.
Same with billboards here in Perth.
Did the Maori and Arden force you to leave?
I'm moving overseas to get away from this madness and treachery,no such thing as a "Fair Go",I mean even the anthem was idiocy.
Please tell me where you are going ? I m thinking about moving too
Where looks good?
They never tell you where looks better though - everywhere is bleak.
Don't do that ( my advice ).It's worse over there.Stay here and make your vote count!.We'll try to get back to 1950's Australia, but it may be too later Gangrene has set in.
It's crossed my mind too but then I realised that all western countries are the same. It would be too much of a change so I'd rather stay and fight for change here.
Worse
Degradation, anxiety and a massive lack of trust and a sense viciousness i can see that is becoming unavoidable
Going after the middle class was Huge mistake
Socialism always attacks the powerful groups, ...community, socially cohesive groups etc.
See Lenin's usssr
"The lucky country" is just insulting sometimes
The "Lucky Country" has slowly flipped , it's a modern day myth.
We have fallen so far as a nation, and we are to blame for letting it happen.
Well partly- we are hamstrung by the crook legal system ( all parts of it ).
Government has got bigger and bigger and dictate their own agenda NOT thinking or acting for the betterment of its people. Income is irrelevant Martin as the amount of tax is killing opportunity. Bracket creep, gst, indexation, superannuation, medicare, ndis and the rest is just too big. The most overtaxed people in the world, not the lucky country we used to be.
Agreed but plenty of Aussies still in denial about the country being one of the highest overall per Capita taxed/levied countries these days, standard of living and disposable income have really taken a dive the last decade or 2 and is continuing to be eroded.
Lucky country fir o/seas investors. Not the lucky country for Australian taxpayers who can't afford to buy in their own country (unless you are a boomer).
Well done, mate! Fantastic and logical information explained! A lot of Australian values have been left to sink in the swamp of corruption unfortunately.
Let me check
Taxpayer dollars pay for the construction of an assett like gas
We then sell that tax payer owned asset to a private investor.
That investor then sells tax payer gas on the international market.
The tax payer then buys their gas at high market prices making energy expensive.
The government then uses tax payer money to subsidize the gas prices but signed a contract that allows the company to raises prices again anyway for gas produced and maintained by taxypayers
😂it will happen with nuclear power plant too
Spot on
And all our politicians are in bed with oil and gas. They rom the parliament halls and go to the same events. It’s a total scam.
Stand with Russia? Russia was the aggressor even tho Nato provoked it. It’s probs a war about resources as well.
And all our politicians are in bed with oil and gas. They mingle in parliament and at the same conferences. They are the same people. It's a total scam.
Hi Martin,
You are the go to for financial market analysis…
No nonsense, just fact…
A truly unique chanel you have here…
Welcome…
Thanks
Very true. Sadly.
SHIT GO
love this channel, golden info.
Thanks
No longer fair go.
Its f*** off, we're full.
Howard! It started with the “lying rodent”.
Yes,maybe a bit before that.
it started with Whitlam you Labor lover...
@@robbiesheppard3280if it wasn’t for Gough we would still be like a shitty backwater town in the middle of nowhere. He brought us kicking and screaming into the modern world. For a start he recognised “Red China” and started diplomatic and trade relations with them. How would we be going now without our trade with China? All Howard ever did was take a once in a lifetime mining boom profits and piss them up against the wall.
@@robbiesheppard3280and it even started before him
Howard doubled immigration in his term. LNP trying to reinvent itself as a low immigration party now it’s out of power.
Thankyou......... listening
new au dream: property or poverty.
Given time we'll all be millionaires and many will think we're all rich. Inflation is theft.
Like zimbabwee.
It was broken a long time ago.
Started in the 90s?
@@paulfri1569go much further back. Over a century ago.
@@nicolle_2944 So we're living off the fumes at the moment and petrol left in the tank..
Certainly is. Started after Bob Hawke left politics
Started when hawke was PM he was very active with putting the blacks into govt in south africa which is now approaching a failed state what a perverted world view hawke had reflected in everything he did as PM. .
it started before bobs great grand father was born
Bring back the car stickers "f-ck off we're full"
Yes
Yet theres 40 50 60 billions $ for NDIS
Why don't you direct your anger toward the American multinational mining companies that take our minerals and gold and pay absolutely zero in tax, in fact we subsidise them to do it. They literally steal our resources and we pay them to do it.
@@Eric-kn4yn $100 billion by 2030
Excellent
We must check mate our self why we allowed ourself in this predicament
I was just talking about this last week
Disappointed with the lack of a distinctively Australian flavour this episode
Funny that I have never been given a fair go. Even when you earn something it is given too someone else. Tall poppy syndrome is very real.
Ended in the 90s?
You'd be better off living on a boat in the middle of the ocean fishing every day to feed yourself
Yes! Destroyed! Why? Neo liberal international intervention & political betrayal by two party system. Australia now attached to the economuc austerity impacted by neo liberal system! Australian. Future will now reflect other similar nations dg Argentina ( mining & agricultural economy)
I feel like we will be the 21st Centuries Argentina. So many similarities of the Argentina of 50 years ago
Lmfao Australia is broken Labour killed it
Have a go to get a go. lol ….