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Showing 1 - 10 of 10 results for "Oxfam Australia"

Replace capital gains discount with income averaging: e61

RIDDHIMA TALWANI  |  THURSDAY, 15 JAN 2026
... 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 in 2022-2023. ...

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
... 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 has risen ...

Aussie billionaires make $67k per hour: Oxfam

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... can be seen here today, where a third of the First Nations peoples are in the poorest 20% of the population," Oxfam Australia chief executive Lyn Morgain said. "As the federal election looms, it's critical that our political leaders take bold steps ...

First trillionaire to emerge in next decade: Report

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2024
... 229 years to eradicate poverty. The amassing of unimaginable wealth is driving alarming and growing inequality, Oxfam Australia chief executive Lyn Morgain said. "Across the globe, we have begun a decade of division, with billions of people shouldering ...

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... made nearly twice as much money as the rest of the world put together over the past two years," the report said. Oxfam Australia director of programs Anthea Sprinks said the enormous gains seen by the world's richest people are stark evidence of a broken ...

Australian billionaires double fortunes during pandemic: Oxfam

CHLOE WALKER  |  MONDAY, 17 JAN 2022
... were to lose 99.999% of their wealth tomorrow, they would still be richer than 99% of all the people on Earth. Oxfam Australia chief executive Lyn Morgain said the need to address the obscene ramifications of inequality, including poverty, had never ...

Billionaires profit from pandemic: Report

KARREN VERGARA  |  FRIDAY, 29 JAN 2021
... have an adequate plan in place to address the issue as the gap is impacting women and ethnic minorities most. Oxfam Australia chief executive Lyn Morgain said as hundreds of thousands of people were losing their jobs and entering an unstable employment ...

Australia's wealth gap deepens: Oxfam

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
... forecasts the number of millionaires in Australia will grow by 46% over the next five years, to about 1.7 million. Oxfam Australia chief executive Helen Szoke said a "broken" economic system which concentrates on the wealth of the rich and powerful is ...

Insurance that gives and gives

MICHAEL HOBBS  |  THURSDAY, 14 FEB 2008
... Charity Life insurance policy valued at more than $2 million. Charities include Alzheimer's Australia, Reach, Oxfam Australia, The Salvation Army, Starlight Children's Foundation Australia, the Royal Children's Hospital and the Royal Institute for the ...
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