Wealth is inevitably more unequally distributed than income. And inequality in the distribution of wealth has increased more than inequality in the distribution of income in Australia (as in many other countries) over the past two decades or so. But what’s particularly striking, at least in Australia, is how inequality in the distribution of wealth across generations, as distinct from across the more commonly-analyzed net worth quintiles, has widened since the turn of the century. This is another dimension of the substantial deterioration in housing affordability, and hence in home ownership rates among people aged under 45, in Australia over the last thirty or so years.  This presentation, to a webinar sponsored by Anglicare Australia, focuses on the inter-generational dimensions of widening wealth inequality, and considers some options for arresting or reversing it.

2024-12-12 Widening the Gap Anglicare webinar