Published: June 21, 2021
Welfare assistance and public services such as education and health remain big drivers of a more equal society
New data from the bureau of statistics shows the drop in spending by households due to the pandemic increased the level of savings, but while incomes rose strongly for low income households due to a big rise in social assistance, inequality remains worse than it was at the start of the century.
Every two years the bureau of statistics provides data on the distribution of household income, consumption and wealth. The latest figures for 2019-20 take into account the start of the pandemic and show the impact of social assistance on income and how our spending and saving habits changed.
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