Just 5 per cent of Australians think they have gained a lot from the last 26 years of economic growth and this tells an interesting story about us.
In this episode of the Nest Egg podcast, independent economist and vice-chancellor's fellow at the University of Tasmania Saul Eslake joins host Lucy Dean to discuss the report, unpack how the mining boom and a slow growing economy may be fuelling this public attitude and compare Australian economic growth with other Western countries.
He also talks about:
- The reasoning behind the recent income tax cuts;
- How the tax cuts will impact the economy; and
- Whether small businesses really are hard done by