Yes, we are a more equal society than most, but not quite as mobile as the Productivity Commission suggests. Here’s why
- Written by Peter Siminski, Professor of Economics, University of Technology Sydney
4kclips/ShutterstockIf you listened to the Productivity Commission, you would think Australia was a pretty equal place in terms of income and wealth, and particularly good in terms of equality of opportunity.
Its major investigation released last week, entitled Fairly Equal?, found Australia’s income mobility is second only to...
