Our recent polling shows that Australia sees a Living Wage, as the best and most effective way to address Wealth Inequality.
Persistent, unfair and unequal distribution of income and wealth weakens us all. It creates pressure across generations, particularly for younger Australians but it also affects their relationship to other generations within families and communities.
Inequality fosters other injustices and I’ve chosen to discuss the equalising impact of a Living Wage on two other important aspects of Australian society - poverty and the unfair and unequal financial outcomes of women compared with men.
The policy of a Living Wage is one important measure in our moving towards, and to some extent returning to, being a fairer and more equal society
New Zealand's Labour Finance Minister has deemed his government's upcoming 2019 budget to be New Zealand’s first ‘Well-Being Budget’, based on data and goals set through their ‘Living Standards Framework’. Charlie Joyce here argues that such a well-being budget is an example of social democratic theory in practice, and advocates the adoption of such a model and standards by a future Shorten-led Australian Labor Government, with its emphasis on 'Well-Being Economics'. Charlie is a member of the Victorian Labor Party and is on the executive of the Victorian Fabians.