Income and wealth inequality / edited by Justin Healey
- Bib ID:
- 6575053
- Format:
- Book
- Description:
-
- Thirroul, NSW : Spinney Press, [2015]
- ©2015
- 60 pages : illustrations, charts, portraits ; 30 cm.
- ISBN:
- 9781922084644 (paperback)
- Series:
- Issues in society (Balmain, N.S.W.) ; v.382.
- Summary:
-
Australia is one of the wealthiest countries in the world and has long prided itself on being an egalitarian society. However, there is a growing divide between those with the most and those with the least. Income inequality has grown as the minimum wage and unemployment benefits have failed to match the rise in average earnings, resulting in a divergence between low-income earners and average Australian wage earners. Current estimates indicate that senior executive pay is 150 times greater than average weekly earnings. In addition to income disparity, wealth in Australia is also unequally distributed, with household wealth being heavily skewed to 'real assets' - essentially, property ownership. How are income and wealth inequality measured in Australia, and what are the impacts of this rising inequality? Should we be trying harder to bridge the gap between the haves and have-nots?
- Notes:
- Includes bibliographical references and index.
- Subject:
- Other authors/contributors:
- Healey, Justin, editor
- Copyright:
-
In Copyright
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Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 2015
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