The Myth of Independent American Families
In Nordic countries, people rely on the state. In the U.S., they rely on their communities.His disillusionment began while he was applying for college financial aid. He hoped to attend Pomona College in Southern California, and even back then, tuition seemed steep compared with the cost of education in Sweden, where university was free. When he learned that the school had two sets of aid forms—one regarding his own income, and one for his parents’—he was surprised. “Well, what does that have to do with me?” Tragardh recalls asking. “I’m an adult … I have no economic relations to my family anymore.
Melbourne's money is spreading from the traditionally well-heeled suburbs to regional and coastal areas just beyond the suburban fringe. © Eddie Jim An aerial shot of Hanging Rock and Mount Macedon
Toorak remains the city's wealthiest suburb with an average annual income of almost $190,000, followed by Portsea on the Mornington Peninsula where the average is close to $165,000, according to figures from the Australian Tax Office.
At Port Phillip Bay the postcode containing Albert Park and Middle Park has an average annual income pushing past $144,000.
Just beyond Melbourne's northern outskirts, Mount Macedon now has an annual average income of $115,760, outstripping its next highest earning neighbour Macedon by $37,000.
How state governments are reimagining American public housing
States are remembering that they can own housing, too.Public housing — but not exactly the kind most people think of.
RMIT Centre for Urban Research senior research fellow Todd Denham said wealth was spreading beyond to inner-regional and coastal areas.
He said large blocks and the limited supply of housing in Mount Macedon pushed up property prices, and the proximity to the city suited high-income earners whose jobs were portable and may only need to attend their workplace part-time.
"There's a strong correlation between people who can work from home and income," he said.
Mount Macedon Realty director Lisa Fowler said the rate of homeownership was high in the area.
"They're pretty expensive and large houses," she said. "It creates a requirement to have a wealthy owner to purchase and maintain properties like that."
Fowler said having the airport within a 35-minute drive was also appealing to a cashed up clientele, particularly people who travelled regularly for work.
Rare vintage photos of celebrities partying
We're all used to the canned red carpet photos when celebrities work their best angles and photographers repeatedly get the same shots of everyone. But red carpets are a small fraction of stars' time in comparison to their vivid night lives filled with parties and after-parties. It's certainly harder to get paparazzi in to these private events, but in decades past you could count on clever photographers who knew how to capture the moments everyone really wants to see. Click through to see rare photos of celebs at parties.
Macedon Ranges Shire mayor Jennifer Anderson said while Mount Macedon had a veneer of wealth and was home to some rich people, there were many in the wider community who were also struggling.
"People might come up here and see it's a beautiful environment with all these large houses and rich people, but you can forget that among that we have a diverse community," she said.
The latest census data showed Mount Macedon had a median weekly income of $2647 with median monthly mortgage repayments of $2604. The median weekly rent was $330.
Anderson said the council offered outreach services to local residents who were struggling.
"Often these people don't want to say they're at risk if they're surrounded by others doing well," she said.
Stonnington councillor Matthew Koce, whose ward covers Toorak, also insisted his municipality took in an economically diverse community with some residents of public housing living not far from some of Melbourne's most pricey real estate.
He said the calls he took from Toorak residents echoed the concerns of other areas, which typically included problems with street trees, footpath damage and required upgrades to drainage.
"I find the community to be reasonable across the board," he said.
Brighton and North Brighton were among the wealthiest postcodes with an annual average income just shy of $140,000. The Red Hill postcode was also on the rich list pushing past $108,000.
The Morning Edition newsletter is our guide to the day's most important and interesting stories, analysis and insights. Sign up here.
More power to him .
PM Anthony Albanese is chasing up whether or not former PM Scott Morrison swore himself into more than three ministries, and another former PM, Malcolm Turnbull, says the whole affair is 'sinister'.The whole thing is weird, Albanese said — it’s not a presidential system here, and Morrison’s manoeuvre was a deliberate centralisation of power. Albanese ordered a search for documents authorising the move, The Age continues. The governor-general was like, don’t look at me: he said his conscience was clear, pointing to section 64 of the constitution. But former PM Malcolm Turnbull said he was astonished the G-G would be part of it.