Inequality continues to rise in Australia
The ABS released the latest Household Income and Income Distribution, Australia data today which allows us to get a better understanding of how the national income is being distributed among individuals. The data released today provides information about what is known as the size or personal distribution of income (ignoring how the income was gained). The data confirms the trend that Australia is becoming more unequal with the bottom 20 per cent losing out to the top 20 per cent. The changes however are relatively modest.