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Showing 1 - 10 of 12 results for "Oxfam"

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.

Australian billionaires double fortunes during pandemic: Oxfam

CHLOE WALKER  |  MONDAY, 17 JAN 2022
... of Australia's 47 billionaires has doubled to $255 billion in the last two years, according to anti-poverty charity Oxfam. A briefing published today by Oxfam, Inequality Kills, has warned of the deadly nature of the world's growing extreme economic ...

Billionaires profit from pandemic: Report

KARREN VERGARA  |  FRIDAY, 29 JAN 2021
... income-inequity gap shows. Thirty-one Australian billionaires saw their bank balances swell between March and December 2020 in Oxfam's latest report The Inequality Virus. The majority of the 295 economists from around the world canvased in the survey ...

Should high-income earners pay charity levy?

DARREN SNYDER  |  FRIDAY, 13 JUL 2018
... The system was developed through experts at Monash University's Sustainable Development Institute. It builds on the 2017 Oxfam International report which showed 'one percenters' grabbed 82% of all wealth created in 2017. Publishing a paper in the Public ...

Australia's wealth gap deepens: Oxfam

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
... billionaires amassed a $115.4 billion fortune in FY17, representing a 140% jump since the Global Financial Crisis, according to an Oxfam analysis. The Oxfam Growing Gulf Between Work and Wealth paper found Australia's richest 1% had more wealth than ...

Rich get richer fastest in Australia

MARK SMITH  |  WEDNESDAY, 22 JAN 2014
... in the share of income going to the wealthiest 1% since 1980 rose faster in Australia than any country bar the US, a new Oxfam report reveals. The report, titled 'Working for the Few', shows the rising levels of inequality between the richest and the ...
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