Showing posts with label distribution of wealth. Show all posts
Showing posts with label distribution of wealth. Show all posts

Saturday, 15 April 2023

Quote of the Week

 

“A new paper from the Australia Institute shows 93% of the benefits of economic growth between 2009 and 2019 went to the top 10%, while the bottom 90% received just 7%. The paper shows the share of economic growth going to the top 10% over that period was far higher in Australia than in other developed countries, including the US and Canada.”

[Political reporter Amy Remeikis, writing in The Guardian, 11 April 2023]