Top 10% control nearly 50% of wealth

by

Ed.

Reported at johnmenadue.com: Australia’s wealth is heavily concentrated, with the top 10% of households controlling nearly 50% of total wealth, while a significant portion of the population struggles with poverty and housing insecurity.

The housing crisis highlights this disparity, as over 122,000 Australians lack shelter, and a significant impact is felt among Aboriginal and Torres Strait Islander communities.


Leave a comment