Is Australia still the 'lucky country'?

While Australia’s collective wealth is at an all time high, almost 3 million Australians currently live below the poverty line. SBS explores whether Australia is still a land of luck for all.

Australia’s after housing costs ‘headline’ poverty rate in 2013-14 stands at 13.3 per cent. Source: Getty Images

As a nation, Australia has never appeared to be as ‘lucky’. Our collective wealth is at an all-time high, with our collective shares now worth a whopping $826 billion and more than $1 trillion in cash.

“We learnt recently that Australia has outperformed other OECD economies by achieving 25 consecutive years of positive economic growth," writes Professor Peter Saunders - Social Policy Research Centre, UNSW in Poverty in Australia 2016 report.

Read the full article in English here.