Tackling inequality has the potential to drive the kind of economic growth Australia has been looking for

Is investing in making society more equal good economic sense? Stephen Koukoulas, Research Fellow at Per Capita Australia argues it is.

'If the tax system is structured in a way that sees low income earners taking home more pay while high income earners take home a little less, the economy will be boosted by the extra spending of the low income earner...This extra spending will deliver a higher rate of economic growth which will, in turn, boost demand for labour and this will lower the unemployment rate.'

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