Einar H. Dyvik
Research expert covering Nordics and global data for society, economy, and politics
Wealth inequality and poverty in Australia - statistics and facts
Despite being one of the most developed nations in the world, Australia has not been immune from the soaring costs of inflation, resulting in increasing risks of homelessness and food insecurity. In addition, the growing inequality of wealth distribution, particularly between the older and younger generations, means more people have become reliant on government social welfare in the form of rental assistance or income supplements. Many Australians have also become reliant on help from charities due to low levels of personal income.
