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- THE DISTRIBUTION OF WEALTH IS EVEN MORE UNEVEN THAN THE DISTRIBUTION OF INCOME.
- OFTEN OUR SELF-PERCEPTIONS AND MISPERCEPTIONS DO NO HARM AT ALL.
- MIDDLE CLASS AUSTRALIA
Fail to remember waist otherwise higher type, the ivory obelisk says at hand are six communal classes
The middle class is shrinking and Australians are losing their class mobility, in a reversal of one of the most important social reforms of the 20th century. The share of the 40 per cent below the top 10 is getting smaller and smaller. The middle class have continued to increase their wealth because Australia had increased its wealth, but its share of wealth was diminishing.
In the same way that they do today, middle and upper classes in the late s and early s in Australia had better access to a high quality of life than members of the working class. Despite their lives being regulated by tradition, their wealth afforded them greater leisure, better health and housing, the chance to obtain an education and less dangerous and uncomfortable working environments. At the turn of the century, the industrial awards which cover the wages and conditions of most occupations today did not exist.
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