Examines the economic impacts of Australia's ageing population and decreasing housing affordability. Executive Summary Australia’s three-pillar approach to retirement income is internationally well regarded. However, many Australians currently approaching retirement face potential poverty, especially if they do not own their own homes. Australia’s aged dependency ratio (the number of people over 65 for every working-age...

This paper outlines key demographic and economic facts and figures for Western Sydney. Australia’s third largest economy, Western Sydney is home to 47% of Sydney’s total population and produces 31% of Sydney’s Gross Regional Product. Overview Western Sydney is Australia’s third largest economy, housing 47% of Sydney’s total population (2.12 million) and producing 31% of...

Proposes a new approach capable of explaining concomitant changes in income inequality and income mobility. Introduction Income mobility and income inequality are two topics that have been the subject of extensive research. Although both topics are clearly related, building a bridge between them remains a challenging task. The aim of this paper is to propose...

While inequality is not extreme in Australia by international comparison, it is trending in the wrong direction according to this report. Executive summary Excessive inequality in any society is harmful. It is harmful to the ability of people to participate in social and economic opportunities, and it undermines social cohesion. Excessive inequality is bad for...

Overview: This Wesley report sheds new light on the impact financial stress is having on individuals and families in New South Wales. While Australia has benefited from a strong economy since the Global Financial Crisis (GFC), it seems the afterglow of the resources boom has worn off. Consumer confidence is at its lowest ebb in...