The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Australia's 1% just keep getting richer: Study

BY CHLOE WALKER | TUESDAY, 17 JAN 2023 12:38PM

According to Oxfam, the richest 1% of Aussies have accumulated 10 times more wealth than the bottom 50% in the past decade.

Upgrade your subscription to access this article

And gain access to:

All website content, including archived news
Home page news customisation
Tech Zone, your technical resource library

And more

Already A Subscriber?

UPGRADE SUBSCRIPTION

Read more: Oxfam Australia, Anthea Sprinks

VIEW COMMENTS

Related News

►	Replace capital gains discount with income averaging: e61
►	Removing CGT breaks could boost budget by $22.7bn: Report
►	Australia's billionaire boom branded 'morally wrong' by Oxfam
►	Aussie billionaires make $67k per hour: Oxfam
►	First trillionaire to emerge in next decade: Report
►	Australian billionaires double fortunes during pandemic: Oxfam
►	Australia's wealth gap deepens: Oxfam

Editor's Choice

AIA snags Acenda head of products

MATTHEW WAI | 12:01PM

AIA Australia has welcomed a new head of partnerships, who joined from Acenda after leaving the firm in March.

AIA snags Acenda head of products

MATTHEW WAI | 12:01PM

AIA Australia has welcomed a new head of partnerships, who joined from Acenda after leaving the firm in March.

Praemium chief exits amid leadership renewal

RIDDHIMA TALWANI | 11:03AM

Praemium is reshuffling its top leadership to refresh its strategy, keeping the same goals but with "faster pace, better execution and increased focus on customers".

Praemium chief exits amid leadership renewal

RIDDHIMA TALWANI | 11:03AM

Praemium is reshuffling its top leadership to refresh its strategy, keeping the same goals but with "faster pace, better execution and increased focus on customers".

Videos

Brought to you by

Product showcase: A guaranteed future

Videos

Brought to you by

MAX: Marketing, Advertising and Sales Excellence Awards | Highlights 2026

Videos

Brought to you by

Risk, rates & real: Navigating the now

Videos

Brought to you by

Product showcase: Reframing financial advice

Videos

Brought to you by

Product Showcase: Calm in the chaos

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Christian Mueller-Glissmann

Head of Asset Allocation Research

Goldman Sachs

When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

READ MORE

Tania Milnes

General Manager Membership

Financial Advice Association Australia

Does association membership still matter?

With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...

READ MORE

Effie Dimitropoulos

Chief executive

AUDD

Digital assets and where they stand in 2026

So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.

READ MORE

Jessica Sclafani

Global retirement strategist

T. Rowe Price

Rethinking default design in a changing market environment

The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.

READ MORE

Industry Events

MORE INDUSTRY EVENTS

OCT

ISS STOXX Innovation Forum 2026 - Sydney

NOV

24-26

Featured Profile

MORE PROFILES

Cliff Man

CHIEF EXECUTIVE OFFICER
ETF SHARES MANAGEMENT LTD

ETF Shares chief executive Cliff Man spent his career automating, building and challenging established systems. Now, he is betting that Australia's ETF market has room for something different. Vinny Vucago writes.

READ MORE