HILDA: ‘Twas Costello that killed the great Aussie dream
By Leith van Onselen The fall-out from the 2016 Household, Income and Labour Dynamics in Australia (HILDA) survey continues, following the disturbing revelation that the inter-generational wealth gulf has widened, with the older generations’ wealth expanding rapidly between 2002 and 2014, while the younger generations’ wealth has stagnated (see below table).