Australian Exceptionalism

It is true that the income of the wealthiest 10% of households in Australia grew faster than the income of the poorest 10% of households - the income of Australia's wealthiest 10% of households grew faster than any other cohort in the OECD. But it's also true that our poorest 10% of households experienced faster income growth than any country other than Spain and Ireland (who are now quickly reversing that growth with their economic woes) , and faster income growth than the top 10% of wealthiest households in every other country.

Contents © 2017