Australia’s Economic Inequality Rises to Highest in 20 Years

Economic inequality in Australia has climbed to the highest level in more than 20 years, according to a highly regarded survey in which more than half of respondents reported a decline in their real incomes.

That’s one of the findings in the latest HILDA study that collects information about economic and personal wellbeing, labor market dynamics and family life in Australia and was released on Thursday. The latest survey period is for 2022.