Freedom of Information documents show the Bureau of Statistics spent a good deal of effort toning down news of rising inequality. The Productivity Commission seems to have been at it too.
- Visiting Senior Fellow in History, UNSW
Better data would tell us more about the ultrawealthy, but they really do seem to be growing more wealthy, more quickly, than the rest of us.
The squeeze on wealth in the middle class by those at the top is a long established trend in international inequality data. But the ABS doesn’t provide this information.
The IMF has been expressing public concern about inequality since 2010, but this has not translated into concrete action within the IMF’s own policies and programs.
A 700-page book of economics was never going to be a walk in the park.
Australia has become collectively richer but much more unequal in recent decades.
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