Australian billionaires increased their wealth by almost $600,000 a day on average over last year, report shows

Source: Agitated-Fee3598

4 Comments

  1. Agitated-Fee3598 on

    >“We have a prime minister who talks about creating a kinder and fairer Australia. The government has the tools to act,” she said.

    They won’t cause the same corporate interests amassing ever growing wealth and power also own our politicians.

  2. BBQShapeshifter on

    They must be loving all this Bondi shooting/hate speech laws clogging up the newspaper column inches.
    Wealth inequality is one of the main reasons things are as bad as they are, and yet the populace is distracted from looking at structural problems by focusing on cultural problems.

  3. Yesterday I commented that Lib and Labs mirror each other on much policy and practice. I made a long list in which I included rising inequality under Lib Lab govs and LibLabs serving the rich.

    The Labor faithful raged for proof, down-voting until their fingers bled.

    Well, here is the proof.

    The sound of Lab rusties sprinting for the exit….

  4. A-shot-at-life on

    Looking at the graph, these are most likely just paper profits. Anyone with any significant investments in stocks, heck even anyone with a decent super fund would have seen similar sorts of increases over the past five years. So of course the 1% has seen their wealth exponentially increase.

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