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Home World Australia

Cian Hussey: Middle-class dream is dying as it becomes ‘more difficult to get into, and harder to stay in’

10 July 2025
in Australia
0
Cian Hussey: Middle-class dream is dying as it becomes ‘more difficult to get into, and harder to stay in’
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In an October 2021 speech, Treasurer Jim Chalmers highlighted the shrinking and struggling global middle class, attributing this to years of economic mismanagement and advocating for a plan to restore middle-class prosperity. Despite his accurate diagnosis, under his leadership, Australia has seen a decline in living standards and productivity, raising concerns about the effectiveness of the current economic strategy.

Explain It To Me Like I’m 5: In a speech, Australian Treasurer Jim Chalmers expressed concern that the middle class is shrinking and struggling due to poor economic management, while advocating for a plan to help more Australians join and thrive in the middle class.

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