Income inequality may be declining but financial vulnerability is increasing
- Written by Kristy Muir, Professor of Social Policy / Research Director, Centre for Social Impact, UNSW
The number of Australians with no savings has increased.ShutterstockIf you needed A$2,000 in a hurry where would you get it? 70% of those we surveyed said they would ask friends or family, although almost half said that it’s very or fairly unlikely that their social connections could help.
This is just one of the takeaways from our new report,...
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