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| Prosperity for all? How low income families have fared in the boom times |
11 February 2005In this paper for the 2004 Australian Institute of Family Studies conference Justine McNamara, Rachel Lloyd, Matthew Toohey and Ann Harding profile the situation of Australia's most economically disadvantaged children from the late 1990s until 2004. They show that average real incomes rose for Australian families with children in the bottom income quintile, and on average just kept up with increases in median family incomes. These overall increases, however, need to be interpreted in the context of variations among families in improvements in economic wellbeing, the crucial role of government transfer payments in maintaining incomes in these families, and the continuing prevalence of joblessness among low income families.