The Institute of Public Affairs (IPA), Australia’s premier free market think tank, is dedicated to preserving and strengthening the foundations of economic and political freedom.
The Parliamentary Research Brief program is designed to provide politicians and policy makers around the country with succinct information on various policy areas.
Our new research brief provides four facts about economic inequality in Australia.
Despite the claims, income inequality in Australia is low and decreasing.
While wealth inequality has increased slightly over recent years, wealth in Australia remains the third most evenly distributed in the developed word.
The key inequality that matters for public policy is that of opportunity rather than income.
A copy of the report can be read below or downloaded here.