The U.S. could do with a shot in the arm too.
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Although the Fed delayed raising rates this month, it has signaled it intends to wean the U.S. economy off its unprecedented monetary stimulus. Now the question is whether Congress will take the handoff.
BHP Billiton Chief Executive Officer Andrew Mackenzie didn’t get his incentive payments in 2016 after the Samarco disaster.
Like in the US and UK, Australian companies should be forced to disclose how the pay of CEOs compares with that of an average worker.
Share a little?
Two fish via www.shutterstock.com
Rather than pursue self-interested policies that widen the gap between rich and poor, companies can invest in their workers, curb income inequality and make more money all at the same time.
The issue of child poverty and its links to housing costs are not widely acknowledged in Australia.
Income poverty statistics tell us relatively little about why Australian children live in poverty, or how to alleviate it. But housing plays a critical part in the problem.
There’s no guarantee Australia will always be the land of the fair go.
Image sourced from shutterstock.com
The new level of inequality that is emerging in Australia is not only a challenge to our morality but a serious threat to our future economic growth.
Clinton and Trump.
The major presidential candidates each gave an economic address this week. Get behind the problems they identified and the promises they made with this roundup of key coverage from our archive.
We have become collectively richer but much more unequal.
Australia has become collectively richer but much more unequal in recent decades.
A polarized nation.
Income inequality and political polarization have both surged in recent decades and are the worst they've ever been. Is one causing the other?
How has working life changed?
Wages are stagnating and women have not benefited nearly as much as men from earlier wage increases. And what if small business isn't the powerhouse we've been led to believe? What recent HILDA data has to tell us about gender, income and work.
Tax policy appears to be one driver of inequality.
An analysis of what's known as the Gini coefficient offers some clues on what makes one society more unequal in terms of income than another.
Though absolute poverty has decreased significantly in the last 15 years, relative poverty has remained stable in Australia.
How has the wealth of Australian households changed over the last 15 years?
Women have borne the brunt of global inequality.
The corporate world must embrace human rights as a fundamental business priority.
Super changes designed to help women catch up are more likely to help high-income earning men.
The government made many sensible changes to superannuation tax breaks in the budget. But the move to more flexible annual caps on pre-tax contributions is not one of them.
Warren Buffett’s voice has been one of the loudest arguing it’s time to raise taxes on millionaires and billionaires like him.
Two centuries of tax policy show efforts to raise taxes on the rich hinge on questions of fairness. The history also suggests proponents have a tough road ahead.
The United Nations is asking countries to work towards policies that progressively achieve greater equality.
Discussion about tax reform has been dominated by self-interest, with the real purpose of tax lost.
Differential treatment between international and local aid workers may undermine international aid programs.
In the humanitarian aid and development sector, local staff are paid less and receive fewer benefits than their expatriate colleagues, even when they do similar work and have similar qualifications.
Weighing in on inequality.
New figures reveal inequality in Britain and the effects of the redistributive tax and benefits system.
Most of us agree inequality is a problem, but solutions and causes differ greatly depending on our partisan blinders.
99 percent via www.shutterstock.com
Americans tend to agree inequality is a problem, but Democrats and Republicans have very different ideas about what is causing it and how to solve it.
Cash in hand. Start rich to get richer.
When the excitement over cabinet resignations and the sugar tax subsides, the 2016 Budget acts as a blueprint for making the wealthy wealthier.
A look at spending inequality suggests America is a bit more equal than we thought.
Economic inequality via www.shutterstock.com
A new study on inequality analyzes the impact of fiscal policy, dramatically altering the standard view of rich and poor in America. It may also change how voters and candidates think about the issue.