“Given the difficult economic conditions we are faced with Australia
should brace itself for the gap to increase even further.
"A more holistic review of inequality will not only result in better outcomes for society
but can also reduce long term budget pressure by
ensuring taxpayer money is spent in the most appropriately targeted places.”
Elayne Grace, Chief Executive Officer, Actuaries Institute
“The fear is that the income gap could widen even further because of the increasing casualisation of the workforce and more people being employed by the ‘gig’ economy. We believe inequality needs to be a prominent consideration in setting policy direction.”
Dr Hugh Miller, Principal, Taylor Fry