The Earned Income Tax Credit was established in 1975 to reduce payroll taxes and help with rising prices for low-income families. Today, it could help poor families with housing.
In the US, poverty is measured by income level. But that measure misses many other aspects of poverty – like unemployment, poor health and a lack of health insurance.
The living wage – a renamed and more generous minimum wage - would directly benefit about one in ten workers – some 1.2 million people, Labor says.
Ten years ago, almost a third of self-employed people in the UK contributed to pension schemes. That figure has dropped dramatically.
As inequality in the US increases, the federal government is failing to address it. Can states pick up the slack?
A new study suggests that Americans face an 'economic bar' to marriage. Before they walk down the aisle, many couples want to have a house, a bank account and a job that offers health insurance.
First-generation college students earn substantially less than their peers whose parents went to college, new research shows.
Less secure jobs are just one aspect of the rise of finance capital. It's a driver of increasingly uneven income distributions and corporate priorities that are now putting our future at risk.
Use our drag-and-drop interactive to find out how incomes, financial wellbeing, and housing stress has changed since 2001 for various 'family types', including singles or couples without children.
The Trump administration is considering a change to capital gains that could be a windfall for the rich. A scholar explains what they are and how they're taxed.
Even though house prices have risen substantially over recent decades, housing affordability for those with mortgages or own their houses outright hasn't worsened
Labor's plan to axe franking credit refunds has reignited debate over the income and wealth of older Australians.
When it comes to incomes, millennials in Australia haven't fallen behind.
There are about 2,000 billionaires in the world, controlling over $7.6 trillion. How does that compare to the income of an average American?
To Close the Gap, Indigenous Australians are the experts. Indigenous organisations are more likely to achieve outcomes because they understand local issues and have ‘skin in the game’.
There has been a substantial improvement compared to 15 years ago, when the incidence of poverty among the elderly was 32.4%.
Use our calculator to work out whether you're an "average" Australian where you live.
Treasurer Scott Morrison recently asserted that an increase in profits is a prerequisite for wages growth. But is his position supported by data?
Policymakers can get more for their money when planing incentives for mothers to work.
New research released today by the Grattan Institute shows that income growth and unemployment rates are not obviously worse in regional areas.