Diego Machillanda - Economics Students Society of Australia

Diego Machillanda

Our Economy in 40 Years: Insights from the 2021 Intergenerational Report

Our Economy in 40 Years: Insights from the 2021 Intergenerational Report

Since its first edition in 2002, the Intergenerational Report has served as the government’s economic crystal ball by providing a peek 40 years into the future of the nation. Arguably Treasury’s biggest exercise in macroeconomic forecasting, the report examines current policies and historical trends to paint a picture

Economic inequality is rising. What can we do about it?

Economic inequality is rising. What can we do about it?

In Australia, the share of total income received by the richest 1% of earners has risen from 5% in 1980 to 9% in 2014. In the United Kingdom, this share has risen more sharply from under 6% to over 14% across the same period. In the United States, the richest