Republic Resume
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T 2020
T 2020
00:07 03 Oct 19
Very prompt, pleasure to deal with. Highly Recommended.. understands how to deliver a quality resume by capturing... career wins in a short and concise more
Natasha Lockett
Natasha Lockett
00:32 28 Sep 19
Malcom was extremely professional and efficient. Yes there are questions you need to provide answers for to Malcom of... course and the quicker you reply to him the quicker your resume is tailored to your needs. Would highly recommend to more
Eliane Lim
Eliane Lim
12:04 27 Sep 19
Great Service! I strongly recommend Malcolm service! He did a fantastic resume for me and I got a job within a month!
Geuel Manaen Manzano II
Geuel Manaen Manzano II
09:44 20 Aug 19
Very professional. Replies promptly. I used the resume he made for my application for Engineers Australia and it... passed. I would recommend him for people who need to update their more
12:35 15 Aug 19
Was so lucky to find these people especially Malcolm. He edited my horrible resume to the top quality written one. He... was also so fast and such professional writer that I could trust 100%. Anyone who needs help with resume writing, I strongly recommend more
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Young people to be poorer than their parents

I wrote this story for News Corporation on generational inequality. As a resume writer, I get to work with lots of people and this story came from the stories my younger clients told me. It’s one of the most serious issues facing Australian society.

One generation rises, another falls. It’s an article of faith that younger generations will inherit a more prosperous economy from their forebears.

Young people have watched as generations before them were showered with one-off seniors’ payments, indexed pensions in line with average male earnings, tax exemptions on family homes and superannuation tax breaks, while house prices skyrocketed.

A Treasury’s Intergeneration Report (IGR) states that the worst-case scenario is that net debt would reach about 122 per cent in GDP in 2054-55 — that’s about $5,559 billion in today’s dollar.

Healthcare per person would climb from $2830 today to $6460 per person in 2055 (in today’s dollars). The Government’s proposal would see a ‘‘moderate surplus’’ of around 0.5 per cent of GDP in 2054-55 and net debt would be paid off by 2031-32.

According to the IGR, the Government is spending $100 million a day more than it collects, and is borrowing to meet the shortfall. The political spin behind the IGR is to get the Senate to pass the economic austerity measures and for older people to remain in employment.

There was very little mention about young people or older Australians in the 50-plus group who can’t get a job due to age prejudice. There are about 175,000 Australians over 50 looking for work through Job Services Australia.

From the mid-1980s to 2019, the Boomers rode the greatest wave in Australia’s economic history. Roughly 5.8 million Australians over 55 now hold 58 per cent of domestic wealth.

Many readers will say, “That’s life’’. Some generations were born at the right time, in the right place. Young people, though, are having trouble finding a job, let alone entering the property market.”

For more on this story, go to:

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