%0 Journal Article
%T The State of the Australian Middle Class
%A Clive Hamilton
%A Christian Downie
%A Yi-Hua Lu
%J Australasian Accounting Business and Finance Journal
%D 2008
%I University of Wollongong
%X There is a widespread view that the middle class in Australia is doing it tough, that they arefinding it increasingly difficult to maintain a decent standard of living and are suffering frommortgage stress. Indeed, some media reports have announced the end of the middle classdream.This paper tests a number of these popular views against the statistical data. It asks whetherthe typical Australian family can be said to be struggling? Are mortgages creating severeproblems for middle-class families? Is the middle class shrinking? Are families copingfinancially only because wives are going out to work?
%K middle class
%K pressure
%K Australia
%K middle class dream
%K struggle
%U http://ro.uow.edu.au/aabfj/vol2/iss3/1