In what directions is the Australian `new' middle class developing as we move towards the `Asia-Pacific century'? This paper reviews the basic structural features of the group during most of the 20th century, and suggests that a number of the arrangements which had delivered high status, material privileges and security to the group are becoming increasingly problematic. It examines evidence of the growing importance of Asian opportunities to the Australian middle class, and indications of responses to these. Interpreted in the context of contemporary accounts of transformations in identity formation processes, this evidence may signal the emergence of a significant new stratum within the Australian middle class. The paper concludes with some speculations about the significance of such a development.
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