US EditionRich getting richer: Survey reveals divide
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Rich getting richer: Survey reveals divide
The RICHEST Australians continue to grow richer as those on lower incomes struggle to keep up. Following a temporary narrowing due to Covid-era support payments, the wealth divide has shot to its highest level in more than 20 years, according to the Melbourne Institute’s long-running HILDA survey. The Gini coefficient, which registers a higher score the wider the distribution of wealth and incomes across households, reached 0.321 in 2022, when t…
·Ipswich, Australia
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