Finns have good schools, public transport, and the difference between the highest- and lowest-paid is quite small. These are factors in high levels of happiness.
Families found themselves in need of food assistance during the pandemic.
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While the food insecurity rate held steady in 2020, the racial hunger gap increased.
The housing boom increased wealth gains for affluent households while rising housing costs undermined income gains for less affluent households.
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Ilan Wiesel, The University of Melbourne; Liss Ralston, Swinburne University of Technology, and Wendy Stone, Swinburne University of Technology
The Productivity Commission neglected the impact of housing costs. After allowing for these costs, the top 10% of households’ average disposable income grew at 2.7 times the rate of the bottom 10%.
A decline in incomes for the top 20% has caused inequality to fall slightly.
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