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News Wire / economy

Australian Wealth Concentration High

Canberra 46d46d Impact 5
A report indicates that the top 10% of wealthy individuals in Australia hold 90% of the nation's trusts. A portion of Australia's wealth is concentrated among a small group of wealthy individuals. One report indicated that the wealthiest people hold 90% of the trust.

Topics

wealth inequality tax reform trusts

Developing

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Sources · 7 independent

ABC Radio Sydney

“here shows the very highly concentrated the top 10% of wealth, wealthy people in Australia a hold 90% at the trust.”

ABC Radio Sydney

“of wealth, wealthy people in Australia a hold 90% at the trust.”

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“Australian Wealth Concentration High”

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