By Michael Pusey
400 Australians around the kingdom shared their reports of labor, kinfolk, parenting and research for this booklet, making a extraordinary photograph of Australian society as a brand new millennium starts off. Meticulously researched, the quantity provides a counter-argument to the regime of monetary reform. Michael Pusey's sequel is as arguable as his best-selling fiscal Rationalism in Canberra.
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Additional resources for The Experience of Middle Australia: The Dark Side of Economic Reform
Example text
The third quartile of people, with incomes between $30,001 and $45,000, comprise 21 per cent; and the top bracket, with equivalent household incomes of over $45,001, amount to 18 per cent. 35 We can already get a rough fix on what matters to us here: namely, the outlines and meanings assigned to their own experience of economic adjustment. Well over one-third (38 per cent) of middle Australians reported difficulties in meeting rental or mortgage payments. More than half of our 30 per cent of middle Australians on low equivalent household incomes are telling us that they are having such difficulties.
The ‘n’ values in the table are the total number of cases in each column of the bivariate cross-tabulation, not each cell of this table. The data is presented this way because a number of variables are presented in the one table, and so the values are column percentages. The number of cases corresponding to the percentage values given in the table can be calculated by taking the percentage value of ‘n’ cases. For example, in column one cell one of this table, 108 respondents with an equivalent household income between $0 and $15,000 per annum responded to the inquiry about their feelings about their income.
One consequence could be that people have incurred dangerous levels of household debt that the Reserve Bank deems unsustainable. But incomes and money provide only pointers to other wider demographic changes (such as family size and mobility) that are nonetheless consciously experienced by people as the social consequences of economic change. Does Middle Australia Know What Is Happening to Its Income? Economic restructuring is aimed at expanding the role of the market in everyday life. The reformers want to increase the power – for them, the liberating power – of money as a medium for the coordination of everyday life.