SOCIAL CLASSES – RESEARCH – AUSTRALIA

We have got it all wrong on Millennials

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Original article by Laura Demasi
The Age – Page: Online : 26-Jul-18

Immigration has impacted on the makeup of Australia’s Millennials unlike any generation in the past, according to research by Roy Morgan. The number of Millennials born in Asia is a particular influence on it. Thirty-one per cent of Millennials living in Sydney or Melbourne were born in Asia, compared to just three per cent of pre-Boomers. Asian-born Millennials tend to be much more conservative in their views than Australian-born Millennials; they are more likely to be married, more likely to have a degree and more likely to vote for the Liberal Party.

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ROY MORGAN LIMITED, LIBERAL PARTY OF AUSTRALIA

Poor getting a foot on the ladder, according to RBA

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Original article by Jacob Greber
The Australian Financial Review – Page: 6 : 17-Jun-16

Researchers from the Reserve Bank of Australia (RBA) have found no evidence of growing inequality in Australia. A study published in the RBA’s quarterly research bulletin shows that the bottom 20 per cent of households experienced an increase in their wealth by more than 21 per cent between 2010 and 2014. Other social groups were less fortunate, with stagnation in wealth of the middle class and a fall in wealth of the richest 20 per cent of the Australian society.

CORPORATES
RESERVE BANK OF AUSTRALIA