Articles on Income

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The region with the most unequal incomes in Australia is Melbourne City, where the top 20% have an income that is 8.3 times as high as those in the bottom 20%. Dan Peled/AAP

What income inequality looks like across Australia

Census data shows there is income inequality between, but also within, regions of Australia.
Analysis shows single parents who are welfare recipients have a financial incentive to seek work. www.shutterstock.com

For single parents, it pays to work

Despite media reports that single parents might find relying on welfare payments more appealing than working, analysis shows they are better off working and more than half in Australia are.
Research shows that even taking into account all the drivers of the gender pay gap there is still a large portion we can’t explain. Julian Smith/AAP

Will the real gender pay gap please stand up?

Misunderstandings about the gender pay gap diminish the importance of its impact, so it's time to explain the different ways it's measured.
Thomas Piketty argues that education is a big equaliser in a highly unequal society like South Africa. But it must be good quality education. Reuters/Rogan Ward

FactCheck: is South Africa the most unequal society in the world?

Twenty years ago, Brazil and South Africa were in a similar position when it comes to inequality. Brazil has made significant progress in addressing this, but South Africa hasn't.
Despite the fact that Australians are getting wealthier, financial literacy is not increasing at the same rate. shutterstock

Millions of households are missing out on good financial planning

The wealth profile of Australian households has changed phenomenally over the past 25 years, according to a recent paper from the Australian Centre for Financial Studies. Thanks to increases in asset prices…
The proportion of renters is now roughly equal to the numbers of outright home owners. Image from www.shutterstock.com

Home equity: Australia’s growing wealth divide

For all our talk about housing affordability, few people want house prices to drop. That’s because most Australians are home owners, and much of our wealth is stored in housing. But recent figures released…

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