The average Australian household is wealthier yet more indebted than the average German household, partly due to tax and retirement income policies.
Other measures might raise as much as her proposed wealth tax, but Democratic front-runner Elizabeth Warren likes big gestures.
Beyond the personal effects on individuals, vast disparities in income can erode social cohesion and undermine economic growth, researchers say.
The ABS has it wrong: inequality isn't stable in Australia. It's getting worse and worse, write Christopher Sheil and Frank Stilwell.
Anyone can use a discretionary trust but the beneficiaries of trusts are usually all part of the one family, writes Dale Boccabella.
Elizabeth Farrelly doesn't want to be one of the rich and powerful – she wants them to get out of the way and stop wrecking Sydney.
A huge proportion of Australia's richest people are amassing their wealth via political connections rather than via business innovation, write Paul Frijters and Gigi Foster.
The so-called 'generation gap' is disappearing, making way instead for an economic gap between the generations and class divisions within society, according to a UNSW sociologist.