The richest 1% of Australians now own the same wealth as the bottom 60%, according to a new report by Oxfam Australia.
The nation’s nine richest individuals had a net worth of US$54.8bn, which was more than the combined bottom 20% of the population, or 4.54m people.
The nation’s nine richest individuals had a net worth of US$54.8bn, which was more than the combined bottom 20% of the population, or 4.54m people.
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