Economic illiterates

Rewriting the rules of the game

Featured in

  • Published 20170428
  • ISBN: 9781925498356
  • Extent: 264pp
  • Paperback (234 x 153mm), eBook

THE YEAR I was born, Paul Keating dropped Australia’s corporate tax rate by ten percentage points. As I started primary school, it dropped six more. When John Howard received his ‘mandate for the GST’, I was busy calling my friends on three-way chat. That same year, the corporate tax rate took another hit.

This was the backdrop to my childhood and adolescence. Enormous wealth generated by the resources boom and landmark social and environmental reforms, which combined to disguise an era of asymmetrical progress. The political left was fierce and proactive on issues of social and environmental justice. Meanwhile, it was ad-hoc, muted or, at worst, complicit in working against progressive economic reforms. This is how we millennials have found ourselves confronted with a series of intense, unprecedented economic factors that are working to stack the odds against us.

Already a subscriber? Sign in here

Share article

About the author

Natalie O’Brien

Natalie O’Brien is the economic fairness campaigns director at GetUp!. After a stint at the NSW Department of Premier and Cabinet, she joined the...

More from this edition

The spectator

MemoirI WENT TO a high school filled with smart kids. Kids who had been specially selected because their brains were somehow advanced. But they...

Revering the other

MemoirEACH DAY AT sunset I sit on my fourth-storey balcony in Oman and look out over the pastel-pink town, waiting for the pigeons. They...

A luxury of choice

GR OnlineI’M TWENTY-SIX YEARS old, and recently stopped taking the birth-control pill. I react poorly to synthetic hormones – they aggravate my anxiety and put...

Stay up to date with the latest, news, articles and special offers from Griffith Review.