What do either of the modern political parties have that will help the working poor into greater participation in the Aussie dream?Well, the current mob have nothing at all. it is employers that hold the whip hand at the moment, demanding longer and longer working weeks from the fewer and fewer (in % terms) in the workforce. As long as company profits keep rising and the subsequent kickbacks keep rolling in, ScoMo will just keep sleeping at the wheel.
The other side may or may not be different at all...we won't know unless you vote for them...but one tiny difference might be that the oft talked about $75 weekly increase to Newstart, which will only cost a fraction of proposed savings made from upper class welfare clawback, will actually be spent, growing the economic pie and creating the opportunities for the greater participation that you crave.
It was always working class people with good jobs keeping the whole nation going - the problem with our late stage Thatcherism is that you've screwed the hand-to-mouth people so much that they can't possibly pay any more taxes because they just don't have the money coming in that they used to. Hence GST revenues down by some $600,000,000 and income tax take completely static.
If you want an explanation of why we've been so prosperous in the last seven years when wages haven't been growing then look no further than the huge growth in taxation at all levels of government as outlined here
; in just five years from 2013-2018 local government rates went from $14 billion to $18 billion, state government taxation/revenues grew by $19 billion to $84 billion (up 22%) and the Commonwealth's taxes grew by a whopping $90 billion p/a from $347 billion to $437 billion, up a whopping 21%.
That's just a five year slice mind you - but a massive part of the tax-and-spend equation is that the people paying the most amounts of tax are themselves maxed out and can't spend any more because their incomes have hit the wall - shown in this latest Parliamentary Hansard
projection showing growth in Commonwealth revenues projected to increase about $20 billion a year - impossible when you consider income tax (the largest single revenue item) has been completely static for a few years now. Which means that in order to keep spending they'll have to borrow yet more money... and on it goes.
The solution isn't to give the Dole people or pensioners more money - they desperately need to create quality, well paying jobs where workers have the capacity to pay increasing taxes but of course all the policy settings from Hawke/Keating onwards have been about knee-capping the semi-skilled and unskilled and forcing them into unstable, low-pay service industry jobs - not conductive to increasing income tax revenue at all.