Widening the Gap - Worsening Wealth Inequality in Australia
Material type:
TextPublication details: Australia Anglicare Australis August 2024Description: 26 pagesSubject(s): Online resources: Summary: Anglicare Australia has launched a report showing that Australia’s tax system is fuelling wealth inequality.
Widening the Gap looks at trends in wealth inequality over the past twenty years and finds that:
* The wealthiest Australians hold 90 times the wealth of those with the least
* This has been fuelled by tax breaks for superannuation and housing investments
* High house prices have fuelled inequality and locked many people out of housing and financial security.
The report calls for reform superannuation concessions, targeting property tax deductions to boost social housing instead of building wealth, and fairer tax treatment of income from investments.
| Item type | Current library | URL | Status | |
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| Report | tunsw | Access Item | Available |
KEYWORDS: housing affordability, housing market,
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