Economic illiterates

Rewriting the rules of the game

Featured in

  • Published 20170502
  • 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

If you are an educator or student wishing to access content for study purposes please contact us at griffithreview@griffith.edu.au

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

Young lady, that’s inappropriate

EssayAFTER GRADUATING FROM law school, I spent a full and disturbing year working as a judge’s associate in the District Court of Queensland. The role required silence and discretion, and each week I sat, mute and powerless, watching things unfurl in front of me – both in and out of court – that made me want to get up and run. Forever the youngest in the room, often the only female, things that were normal to the seasoned lawyer unsettled me. I used to think all the time: Is anyone else seeing this?

Young Saigon

ReportageIN THE BUILDING opposite mine here in Ho Chi Minh City, still commonly called Saigon, an old man in the top-floor apartment tends his...

The bystander

MemoirThe median strip led to the other side of the highway. We emerged boot-first into a flood of oncoming headlights. Screams howled from the back seat. ‘I’m dead,’ I thought. Then it hit. Another car, speed meeting speed, like two protons colliding. I didn't get the luxury of a concussion. I stayed awake the whole way through. There was a glimpse of black, a few seconds max, when my head reeled from the soft impact against the dashboard. White pinwheels spun on the inside of my eyelids. Blood flooded back into my feet and fingers. After that everything went berserk.

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