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Our analysis of wealth trends suggests Australia’s middle class may be ‘shrinking’

By Melek Cigdem-Bayram, Ronald Henderson Senior Research Fellow, The University of Melbourne
Gavin Wood, Emeritus Professor of Housing and Housing Studies, RMIT University
Miranda Stewart, Professor, The University of Melbourne
Stephen Whelan, Associate Professor of Economics, University of Sydney

Between 2002 and 2018, some groups actually increased their wealth on certain measures. For young people and middle Australians, however, it’s a more sobering picture.

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