First-generation college students face uneven prospects well after college.
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First-generation college students earn substantially less than their peers whose parents went to college, new research shows.
Finance capital is calling the shots and one of the many consequences of this is increasingly insecure employment.
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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.
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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.
It’s a game for the rich.
AP Photo/Steven Senne
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.
Highly inflated house prices are more concerning to people wishing to move from renting to purchasing a house (mostly potential first home buyers).
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Even though house prices have risen substantially over recent decades, housing affordability for those with mortgages or own their houses outright hasn’t worsened
Bill Shorten confirmed the plan to scrap cash payments for excess franking credits.
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Labor’s plan to axe franking credit refunds has reignited debate over the income and wealth of older Australians.
Those born between 1941 and 1950, show an increase in average incomes between 1995-96 and 2005-06, and then a decline as they enter retirement.
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When it comes to incomes, millennials in Australia haven’t fallen behind.
Jeff Bezos is now the richest person in the world.
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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?
The ‘Closing the Gap’ initiative has existed since 2006, but the statistics show the gap is growing.
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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’.
The incidence of poverty among people over 65 is decreasing in part because of increased labour force participation.
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There has been a substantial improvement compared to 15 years ago, when the incidence of poverty among the elderly was 32.4%.
Politicians like Malcolm Turnbull try to target middle class Australians.
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Use our calculator to work out whether you’re an “average” Australian where you live.
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Treasurer Scott Morrison recently asserted that an increase in profits is a prerequisite for wages growth. But is his position supported by data?
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Policymakers can get more for their money when planing incentives for mothers to work.
The absolute level of income tends to be higher in the cities than the regions - but this has always been so.
Dan Peled/AAP
New research released today by the Grattan Institute shows that income growth and unemployment rates are not obviously worse in regional areas.
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%.
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Census data shows there is income inequality between, but also within, regions of Australia.
A man fishing from a dock in Fajardo, Puerto Rico.
AP Photo/Ricardo Arduengo
At society’s margins, people without access to the mainstream job economy are able to carve out lives rich in other resources and community.
A snapshot of inequality in South Africa.
Johnny Miller / Unequal Scenes
People in some of the most unequal countries in the world think theirs is the paradigm of meritocracy. Can the data help explain this phenomenon?
The Australian Tax Office has released data from 2014-2015.
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Data for 2014-15 from the Australian Taxation Office shows inequality is growing in a number of areas.
Australian shareholders could initially benefit from the company tax cut.
Mick Tsikas/AAP
Many of the claims about the impact of the company tax are overblown, including the government’s estimation of how much it would cost.
With widening income differences and growing social divisions, citizens are less willing to support each other and taxpayers less willing to pay taxes.
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Analysis shows that rising inequality over the past 20 years makes it harder to increase taxes and makes citizens less willing to pay them.