Articles sur Wealth

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Got a spare $250 million? If you’re among the 0.1 percent, you probably do. Bruce Makowsky

How rich are the rich? If only you knew

Income inequality, the most common way to measure the gap between the rich and the poor, only tells part of the story. Wealth inequality tells the rest.
Election workers count votes by the light of candles and a kerosene lamp at a polling station without electricity in the Yoff neighborhood of Dakar, Senegal in 2007. (AP Photo/Rebecca Blackwell)

Empowering the powerless: Let’s end energy poverty

Distributed-energy technologies are a disruptive force that can improve the quality of life for the world's most disadvantaged and poor.
How many times do we wonder, ‘what’s the right thing to do’? Ed Yourdon from New York City, USA (Helping the homeless Uploaded by Gary Dee, via Wikimedia Commons

How should we decide what to do?

A scholar suggests a few approaches that have withstood the test of time.
Jeff Bezos is now the richest person in the world. Reed Saxon/AP Photo

The world on a billionaire’s budget

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?
There is a glaring need to reform Australia’s archaic wealth inequality statistics to make them commensurate with international practice.

Bad data collection means we don’t know how much the middle class is being squeezed by the wealthy

The squeeze on wealth in the middle class by those at the top is a long established trend in international inequality data. But the ABS doesn't provide this information.
Anyone can use a discretionary trust but the beneficiaries of trusts are usually all part of the one family or extended family. Joel Carrett/AAP

Family trusts often cause more harm than good

Overwhelmingly, trusts are used to minimise tax, avoid paying creditors and to avoid the fair division of property after a relationship breakdown.
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.

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