World

Wealth Inequality in Australia Widens as Billionaires Gain

Updated 2026-06-01 14:20 UTC 1 source Negative

Oxfam reports that the wealth of Australia’s 178 billionaires has increased by $25.7 billion, while 3.7 million people live in poverty. The disparity highlights growing economic inequality.

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The Guardian
Oxfam finds the 20 richest Australians now hold more wealth than the bottom 3 million households, analysis shows Get our breaking news email, free app or <a href="h
2026-06-01 14:01 UTC
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