Wealth gap in Australia

The income of the top twenty per cent of earners in Australia is five times that of the bottom twenty per cent people, and the gap is getting bigger.

ACOSS chief executive Cassandra Goldie (AAP) Source: AAP

What did researchers from the Australian Council of  Social Service and the University of New South Wales find  about the wealth gap in Australia?  What is the cause of the trend? What are the practical implications of the gap?

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