How has the wealth of Australian households changed over the last 15 years?
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Articles on Wealth
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Today’s classes were born out of the machine age. They are not fit for purpose in 21st century Britain.
The prosperity gospel – a uniquely American strand of Christian theology – creates a dilemma for its adherents.
Young people are not entitled to a life as comfortable as that of their parents, but they are entitled to expect that governments will not hinder them in that pursuit.
Do you procrastinate about taking care of financial matters in your life? Recently a fascinating article about financial procrastination appeared online. The author publicly admitted that “after years…
The most simple form of adornment – a single piece of cloth – can be a signifier of status and wealth.
Bridging our growing divide: Inequality in Australia is an important report tabled without fanfare in the Senate by its Community Affairs References Committee. The report is clearly argued and well-buttressed…
The idea that data on happiness and well-being can be used to guide government policy has steadily gained popularity over the past decade. But as we seek ways to replace, or at least complement GDP as…
The political debate over generational equity, which has been rekindled in the past week, now dominates discussions over wealth, government spending and fiscal sustainability. But a closer look at some…
Wealth and income inequality have many causes, and it’s pretty much beyond dispute that any well-functioning capitalist society will have some degree of disparity between the richest and the poorest. It’s…
Do the words we use to speak of economic matters, matter? I believe they do, but not by the propagation of textbookish jargon. Rather, the main way they matter is in shaping public ethics. Economics has…
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…
Highly publicised estimates of the cost of raising a family in Australia suggest that parents must make hefty financial sacrifices to meet the needs of their children. In a recent paper, we challenge the…
News that many of the large banks will continue to pay large bonuses has sparked off another round of public anger. Even the beleaguered RBS hopes to offer some of its top bankers bonuses worth 200% of…
“To get rich is glorious” – Deng Xiaoping’s famous aphorism has clearly been taken to heart by at least 168 people in China. That’s the number of billionaires identified in Forbes’ annual China Rich List…
When Isaac Newton produced his Laws of Motion in 1687, it led to speculation that his new gravitational force could explain the social forces between people. Thinkers put forward various arguments for…
Amid the “cash for causes” scandal currently unfolding in parliament, and the criticism of David Cameron’s “chumocracy” of elites at number 10, it’s worth remembering that degree to which politics is dominated…
There is no evidence to support the myth that millionaires migrate to avoid tax changes, according to a joint study by Stanford…
Imagine a field of wheat which has been watered unequally. Some parts will grow to their potential, but some won’t. In the end, it’s bad for the whole field’s productivity. Economist James Galbraith’s…
In part seven of our multi-disciplinary Millennium Project series, Adrian Walsh argues that a humane market asks something of us that we may not want to give. Global challenge 7: How can ethical market…
Top contributors
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Halford Mackinder Professor of Geography, University of Oxford
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Emeritus Professor, Department of Political Economy, University of Sydney
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Visiting Senior Fellow in History, UNSW Sydney
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Assistant Professor, Goethe University Frankfurt am Main
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Lecturer on Sociology, Harvard University
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Emeritus Professor of Finance and Financial History, The Open University
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Associate Professor of Markets, Public Policy and Law, Boston University
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Professorial Fellow and Co-Director, HILDA Survey, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne
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Peter Whiteford is a Friend of The Conversation.
Professor, Crawford School of Public Policy, Australian National University
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Professor, Curtin Law School and Curtin Business School, Curtin University
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Professor and Research Chair in Inclusive Societies, University of Sheffield
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Pro Vice-Chancellor: Climate, Sustainability and Inequality and Director: Southern Centre for Inequality Studies., University of the Witwatersrand
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Deputy Director at the Southern Centre for Inequality Studies, University of the Witwatersrand
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Professor of Public Administration, Binghamton University, State University of New York
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Research Fellow, Centre for Aboriginal Economic Policy Research, Australian National University
