We urgently need a parliamentary inquiry into intergenerational fairness focused on economic issues
Think Forward is focused on bringing issues of intergenerational fairness to a parliamentary inquiry in 2021.
This inquiry will predominantly focus on economic (particularly tax reform) and social issues that impact all generations, and look to identify areas where we need to restore balance in our collective generational bargain.
WHY AN INQUIRY?
An inquiry kickstarts a conversation about intergenerational fairness
An inquiry kickstarts a conversation about intergenerational fairness with decision makers about reform across a number of inter-related issues in our economy (e.g. tax, superannuation, work and conditions and government debt and spending)
It can provide a platform for economists and young people to make submissions, and for decision makers to consider these issues through an 'intergenerational lens'
An inquiry into intergenerational fairness has been successfully set up in the UK see here
The economic fall out of COVID 19 has left younger generations more vulnerable than ever
Responding to COVID-19 has seen Australia commit to once-in-a-generation spending. Young people will bear the costs of stimulus, and will have to find ways to grow and sustain our national economy.
HOW CAN I GET INVOLVED?
We want to hear from all people and organisations interested in intergenerational fairness
Sign our petition below
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SIGN OUR PETITION
As young people, we want a quality education, meaningful work, stable housing and a clean environment.
But our futures are at risk. As we emerge out of COVID-19, young people are facing high rates of unemployment and a casualised job market where it’s harder than ever to find secure, safe and meaningful work.
Many young people are struggling to pay the rent and are locked out of the housing market. In the last year, young people have had to withdraw record amounts from our superannuation to meet our basic living costs.
Young people have the least wealth, but will bear the brunt of the economic recovery from COVID-19. Our tax system is set up to benefit the older and the wealthy.
The Australian Government is making policy decisions about housing, tax, superannuation and industrial relations that will have long-term impacts on generations of young people.
Together, we can pressure the Australian Senate to hold an Intergenerational Fairness Inquiry to develop a long-term, evidence-based plan for a fair financial system for young people now and future generations to come.