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]