Lasting equality is within our reach. Australia can lead the way | Wayne Swan

Inequality is no longer a fringe issue, and Australia is a world leader in social and economic equity. Now’s our chance to set the agenda and achieve global reforms that will last

For the past 30 years the economic orthodoxy that wealth would “trickle down” to working people has prevailed. We’ve been told that austerity was necessary too, to build a future for subsequent generations and lift living standards.

Working people watched their wages stagnate and business profits soar, but didn’t necessarily see the quality jobs and higher living standards they were assured would follow.

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