10 May 2008
Generational burden
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The first budget of the new Rudd Labor government is almost upon us
As ever there will be a host of competing interests, some sectors of the community will be happy, others probably not so.
The demographic commonly referred to as Generation X have in recent years done pretty well out of the welfare component of the budget, the baby bonus and the expansion of family tax benefits were all key features of Peter Costello's later budgets.
But beyond that largesse has Generation X been perhaps short-hanged by both fiscal and wider economic trends of recent years?
Indeed is this generation being increasingly asked to carry the financial liabilities of both baby boomers and the generation hot on their heels -- Generation Y?
Guests
Ross Guest
Professor of Economics, Griffith University
Presenter
Geraldine Doogue
Story Researcher and Producer
Scott Wales
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