The Australian Bureau of Statistics’ latest analysis of the impact of government benefits and taxes on household income shows this reduces income inequality by more than 40% in Australia.
The collapse of an obscure corner of the financial market a decade ago foreshadowed the Great Recession. The stock-market swoon in February should offer a similar warning.
South Africa’s public works programme is a laudable idea. But it must be closely monitored to make sure it doesn’t lead to unintended consequences, especially for women.