Income inequality ticks down as the rich see their incomes fall: ABS
- Written by Peter Whiteford, Professor, Crawford School of Public Policy, Australian National University
A decline in incomes for the top 20% has caused inequality to fall slightly.ShutterstockIncome inequality has dropped slightly in Australia, largely driven by a fall in incomes for the richest 20% of the population, according to the latest Australian Bureau of Statistics (ABS) Survey of Household Income and Wealth.
The richest 20% of the population...
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