The ability of a person to change their material circumstances – to escape from poverty, or to access opportunities to improve their situation – is one lens through which to assess the prevalence of inequality in society.
In a report released on Thursday, the Productivity Commission has looked at this concept of economic mobility in three different ways – how it changes over the course of a person’s lifetime, how shifts occur across generations, and how likely people are to escape poverty – to give an insight into how much of a “fair go” Australians really have. Here are some key things we learned from it.