When the benefit people get from owning a home is taken into account, Australia looks more like Canada than Switzerland.
Articles on Income distribution
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Most Australians earn more than their parents.
But those born into the poorest families face the biggest barriers to improving their lot.
A new study finds that hiring practices, not a bachelor’s degree, may be the ‘great equalizer’ of opportunity for some soon-to-be grads.
Australia’s best-off and worst-off have improved their lots. The mortgaged middle has gone backwards.
An ANU economic model finds even among the highest earning households, the policy change produces more winners than losers.
Australia has been thought to be a less equal society than many European ones. But Australian incomes turn out to be as evenly distributed as those in France when everything is taken into account.
On many dimensions, Millennials aged 25-35 are better off than were Boomers, with housing and the environment the big exceptions.
New tax office figures show only 2% of Australians earn more than $211,000 a year.
The government has done a good job so far, but it will have to direct future support to the Australians most likely to spend.
Low income workers are suffering much more than high income ones. It’s a pattern that dates back millennia.
Working from home has become the new norm for many during the pandemic. But it’s an opportunity that divides along racial and economic lines – and isn’t as beneficial to the environment as many believe.
Economic inequality is growing across the world, but few are talking about the ways to tackle it.
The graph says Americans on the highest incomes now face lower tax rates than Americans on low incomes. It’s a consequence of an unusual definition of income.
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 promised tax cuts will benefit high earners in 2022 and 2024, but by then they’ll need it.
At times we are told Labor’s capital gains tax policy will hit mainly high earners. At other times, low earners. The truth, uncovered by our microsimulation model, tells us something about ourselves.
Its extremely common, everywhere, for large numbers of people to pay no net tax. It tells us nothing about the size of the welfare state or about whether it bribes people to keep tax high.
The Australian Bureau of Statistics’ latest analysis of the impact of government benefits and taxes on household income shows this reduces income inequality by more than 40% in Australia.
The two major sources of data show conflicting trends on income inequality.
Not only has income inequality in Australia grown over the past two decades, rich and poor are also more segregated in terms of where they live in the big cities.
Top contributors
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Associate Professor, POLIS@ANU Centre for Social Policy Research, Australian National University
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Director, POLIS: The ANU Centre for Social Policy Research, Australian National University
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Professor, Crawford School of Public Policy, Australian National University
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Associate Professor, Social Policy Research Centre, UNSW
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Lecturer, Department of Sociology, Maynooth University
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Professor of Earth and Environment, Boston University
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Research Fellow, Harvard Kennedy School
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Professor of Economics and Director, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Economist, Crawford School of Public Policy, Australian National University
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Nicolas Herault is a Friend of The Conversation.
Professor, Bordeaux Schoool of Economics, Université de Bordeaux
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Professor of Economics, Dean of UWA Business School, The University of Western Australia
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Associate Professor of Sociology, Duke University
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Executive Director of the Institute for Sustainable EnergyResearch, Associate Professor of Mechanical Engineering, Boston University
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Professorial Fellow and Co-Director, HILDA Survey, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne