While both leaders are falling over themselves calling those who earn $200,000 working class, the truth is something else entirely.
Yesterday, Josh Frydenberg confirmed we’re in a recession. But to blame the lockdown is an exercise in folly.
The budget may have escaped deficit, but low-and-middle-income Australia will have to foot the bill.
According to the annual HILDA research into household income, growth has certainly stalled, and we’re relying on welfare less.
Twenty economists grouped to offer a forecast of our economy. Their news is not good.