Articles on Income gap

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Women of the Peppimenarti community, about 320 km south-west of Darwin. The statistics suggest Indigenous households in remote and very remote areas are more effective at managing money to avoid hardship. AAP Image/Dan Peled

Traditional culture may help Indigenous households manage money better

We decided to dig into the statistics and compare the experience of financial stress in Indigenous and non-Indigenous households. Our findings surprised us.
Should wealthy Canadians pay an inheritance tax? In this photo from 2002, David Thomson listens during the annual meeting of Thomson Corp. The Thomsons are considered Canada’s richest family. (CP PHOTO/Aaron Harris)

Should Canada have an inheritance tax?

Canada is the only G7 country that doesn't have an inheritance tax. A new report says that should change. The idea of sharing the wealth from one generation to another is not new.
Aggregate demand is being hit by the concentration of income growth among the top earners and is now a drag on economic growth. Shutterstock

How rising inequality is stalling economies by crippling demand

News that Australian CEO pay has soared to a 17-year high at a time when ordinary workers' wages are flatlining is ultimately bad news for economic growth and prosperity.
Competition between neighbours, rather than between strangers living far apart, amplifies inequality. This can lead to homicide and civil war. Pexels

How competition fuels inequality and conflict

Competition between neighbours turns up the volume on inequality. Homicide and civil war may be the result.

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