A new report from the University of New South Wales and the Australian Council of Social Services finds that the collective wealth of the top ten per cent of households soared by 84 per cent in the past two decades.
For the poorest 60 percent group, that growth has been much slower, only increasing by 55 percent.
Meanwhile, the income inequality gap has narrowed amid historically low unemployment.
However, certain groups, including single-parent households and migrants born in non-English-speaking countries, are often in the lowest percentile.
