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Published byClement Merritt Modified over 9 years ago
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GROWING TOGETHER: THE AUSTRALIAN SOCIAL DEMOCRATIC MODEL Presentation by Hon Wayne Swan MP Member for Lilley Treasurer (2007 – 2013) Deputy Prime Minister (2010 – 2013)
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Chart 1 GDP growth since 2007, G7 economies and Australia, per cent Source: IMF World Economic Outlook database
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Chart 2
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Trends in real median equivalised household income, Australia, 1981–82 to 2011–12 (1981–82 = 100) Source: Calculated from Johnson and Wilkins (2006) and Australian Bureau of Statistics, Household Income and Income Distribution surveys, various years. Chart 3
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Trends in real incomes at different decile points, Australia, 1994–95 to 2011–12 Cumulative percentage change in real equivalent income- unit income Source: Calculated from ABS, Household Income and Income Distribution surveys, various years. Chart 4
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Extent to which a father’s income is a predictor of what his son will earn Source: Miles Corak 2012 Chart 5
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Income share of the top 1 per cent across Australia, the US and the UK(%) Source: The World Top Incomes Database Chart 6
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Minimum relative to average wages of full-time workers, per cent, selected OECD countries (2011) Source: OECD Chart 7
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Total welfare expenditure, per cent of GDP (2009) Source: Australian Institute of Health and Welfare, Australia’s Welfare 2013. Chart 8
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Test score Inequality and earnings inequality Source: Economic Journal Chart 9
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Australia’s mean scores in reading, mathematical & scientific literacy in PISA, 2000 and 2009 Chart 10
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Tax expenditures for superannuation by income decile, per cent (2009-10) Source: The Treasury, Distributional analysis of superannuation taxation concessions. Chart 11
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