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Showing 1 - 10 of 17 results for "Oxfam"

Oxfam calls for net wealth tax

ELIZA BAVIN | MONDAY, 19 JAN 2026

... Australian billionaires' wealth grew by almost $600,000 a day in the past year, or over $10.5 billion collectively, Oxfam research found. Globally, billionaire wealth jumped by over 16% in 2025, three times faster than the past five-year average ...

Replace capital gains discount with income averaging: e61

RIDDHIMA TALWANI | THURSDAY, 15 JAN 2026

... reducing tax paid on interest and dividend income, thereby improving the equity and efficiency of the tax system. A report by Oxfam Australia recently revealed nearly 50% of the capital gains tax discount went to 24,000 people who earned over $1 million ...

Removing CGT breaks could boost budget by $22.7bn: Report

ANGELIQUE MINAS | FRIDAY, 10 OCT 2025

A new report by anti-poverty organisation Oxfam Australia (Oxfam) revealed nearly 50% of the capital gains tax discount went to 24,000 people who earned over $1 million in 2022-2023. Findings indicate that on average, each of these individuals received ...

Australia's billionaire boom branded 'morally wrong' by Oxfam

ANDREW MCKEAN | TUESDAY, 3 JUN 2025

... doubled over the past decade, accumulating wealth at $137 million per day on average - $95,000 per minute, according to Oxfam Australia. Its acting chief executive Christina Muli described this as "morally wrong." The number of Australian billionaires ...

Aussie billionaires make $67k per hour: Oxfam

KARREN VERGARA | WEDNESDAY, 22 JAN 2025

Australian billionaires earn $67,000 an hour, according to a new report from Oxfam, which is 1300 times more than what everyday workers make. The 47 billionaires based in Australia saw their wealth rise by more than 8% or $28 billion last year, the ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA | TUESDAY, 16 APR 2024

Income inequality is too high and continues to balloon in 60% of low- and middle-income countries studied by Oxfam International, tipping the Gini coefficient well above acceptable levels. Oxfam found that income inequality is rampant among 64 out of ...

First trillionaire to emerge in next decade: Report

JAMIE WILLIAMSON | MONDAY, 15 JAN 2024

... doubles and the first trillionaire is expected to be minted in the coming years. Those are some key findings from a new Oxfam report, which found that since 2020, the richest five men in the world have doubled their fortunes, while almost five billion ...

Australia's 1% just keep getting richer: Study

CHLOE WALKER | TUESDAY, 17 JAN 2023

According to Oxfam, the richest 1% of Aussies have accumulated 10 times more wealth than the bottom 50% in the past decade. In its latest report, titled Survival of the richest, Oxfam found that Australian billionaire wealth is 61% higher than it was ...

Pandemic created a new billionaire every 30 hours: Oxfam

CHLOE WALKER | WEDNESDAY, 25 MAY 2022

Billionaire wealth soared during and after the pandemic, with a new billionaire created every 30 hours in 2022, a new Oxfam International brief reveals. According to Oxfam, the total wealth of the world's billionaires is now equivalent to 13.9% of global ...

NZ Super Fund hires from ART

ELIZABETH FRY | FRIDAY, 13 MAY 2022

... wealth fund also hired Kathryn Kerner as head of data analytics from the Federal Reserve Board and Rachael Le Mesurier from Oxfam Aotearoa as head of diversity, equity, and inclusion.

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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