2026-06-04 07:12 UTC
Australia’s 178 billionaires are $25.7bn richer than last year as 3.7 million live in poverty
"Oxfam finds the 20 richest Australians now hold more wealth than the bottom 3 million households."
“There is something fundamentally wrong with a system where extreme wealth keeps skyrocketing while so many people are struggling to afford the basics, and governments claim there is not enough money for housing, healthcare, climate action and essential services." >>
https://www.theguardian.com/australia-news/2026/jun/02/australian-billionaires-richer-than-last-year
#inequality #Australia #SocialCohesion #CostOfLivingPressures #HousingAffordability #housing #healthcare #transport #tax #ClimateFinance #FossilFuels
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