Australia's Housing Crisis Deepens Wealth Inequality

Content details

Title

Website

https://australiainstitute.org.au/post/the-housing-crisis-is-turning-into-an-inequality-crisis/?utm_source=rss&utm_medium=rss&utm_campaign=the-housing-crisis-is-turning-into-inequality-crisis

Subject

Wealth inequality in Australia worsens due to property assets, with the top 10% seeing a $2.2 million increase. Tax concessions favour the wealthy, with $100 billion benefiting top assets like property and superannuation. Closing tax loopholes could make housing more affordable and reduce inequality, according to The Australia Institute's research.

Publishing date

25 February 25

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