Wealth and income inequality reaching new heights in Australia

Australian Council of Social Service (ACOSS) CEO Cassandra Goldie speaks to the media during a press conference at Parliament House in Canberra, Monday, June 25, 2018. (AAP Image/Mick Tsikas) NO ARCHIVING

Australian Council of Social Service ACOSS CEO Cassandra Goldie at a press conference at Parliament House in Canberra, Monday, June 25, 2018. Source: AAP Image/Mick Tsikas

People earning in the top 20 per cent of income in Australia are earning five times as much as those in the lowest 20 per cent. That is among the findings of an analysis of wealth and income inequality in Australia by the Australian Council of Social Service and University of New South Wales researchers.


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