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.
- Emeritus Professor, Department of Political Economy, University of Sydney
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.
Prices have been falling since September 2017. It means the budget will no longer repair itself.
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.
Some people evidently think wealth inequality is a good thing, but there’s plenty of evidence to show the problems it causes.
Australia has become collectively richer but much more unequal in recent decades.
Privatising public assets is like a tradesperson selling her or his tools when facing a temporary income shortfall. Much better to borrow at low interest rates and productively invest those funds.
“Morally bankrupt” is how a recently departing Goldman Sachs executive described the culture of the investment bank. As noted in Business Day, this view “is common among the bank’s critics, many of whom…
Welcome to Safe as Houses, a series delving into a topic close to the heart of many Australians – property. This is not a series on where the market might be heading. Instead we aim to explore how we view…
What can we expect from the Tax Forum at Parliament House today and tomorrow? We may anticipate consensus that the tax system should be efficient, fair, understandable and effective in raising the revenue…
The concept of death duties reared its controversial head publicly recently, with Greens Senator Lee Rhiannon quizzed on party policy by the ABC’s political editor Chris Uhlmann. Greens leader Bob Brown…
Contact Frank for
- General
- Media request
- Speaking request
- Consulting / Advising
- Research collaboration
- Research supervision
- Article Feed
- Joined
