| Description |
60 pages : illustrations, charts, portraits ; 30 cm |
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regular print |
| Series |
Issues in society ; volume 382 |
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Issues in society (Balmain, N.S.W.) ; v.382
|
| Contents |
CHAPTER 1 MEASURING INCOME AND WEALTH INEQUALITY -- Income and wealth inequality: how is Australia faring? -- Understanding measures of income and wealth -- Australia: the country of the fair go ... for some -- Mind the gap: as incomes grow, so does inequality -- Average Australian household worth $723,000 -- Household income and income distribution -- Strong labour earnings growth moderates income inequality in Australia -- Trends in the distribution of income in Australia -- Should we care about income inequality? -- More people are better off, but inequality is rising - so what's going on -- Income inequality - 'Society at a Glance' social indicators highlights: Australia -- Income distribution: how does Australia compare internationally? -- CHAPTER 2 IMPACTS OF THE WEALTH DIVIDE -- Increasing inequality brings high social cost: report -- Adverse consequences of inequality -- Advance Australia Fair? What to do about growing inequality in Australia -- The cost of inequality: how wealth and income extremes hurt us all -- What do Australians think about equality? -- Wealth divide in Australia -- Low economic resource households -- Is poverty on the rise in Australia? -- It's all relative: the poverty wars are back -- Poverty is real. and here -- Inequality seriously damages growth: IMF seminar hears -- Urgent action needed to tackle rising inequality and social divisions, says OECD -- It's not just the rich who benefit from free markets -- The Global Wealth Pyramid -- Rich list: top twenty in the world and Australia -- Working for the few: political capture and economic inequality -- Class on a global scale: the emerging transnational capitalists -- What can be done about income inequality? -- Exploring issues - worksheets and activities -- Fast facts -- Glossary -- Web links |
| 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? |
| Analysis |
Australian |
| Notes |
Also available in electronic version |
| Bibliography |
Includes bibliographical references and index |
| Subject |
Income distribution -- Study and teaching (Secondary) -- Australia.
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|
Income distribution -- Australia.
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Wealth -- Study and teaching (Secondary) -- Australia.
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Wealth -- Australia.
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| Author |
Healey, Justin, editor
|
| ISBN |
1922084646 |
|
9781922084644 |
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