Inequality – 2SEA Southern Community Radio Sapphire Coast NSW

Australian Wealth Inequality Worsens Amidst Cost of Living Crisis

Oxfam Australia’s latest annual report on wealth inequality shows billionaires in Australia have doubled their wealth since 2020, despite a global pandemic and the cost of living crisis. The report, called ‘Inequality Inc,’ revealed billionaires have increased their wealth by 70%, while many everyday Australians struggle to put food on the table. Oxfam is calling …

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Federal government face economic concerns and inequality

The Wire / By The Wire

Australia currently faces numerous economic challenges. The Reserve Bank is pushing for a higher rate of unemployment, the cutting of wages and higher interest rates in order to curb inflation. The housing market continues to be out of reach for many and inequality is rising. The government also faces a deficit which will soon be …

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COP27 addresses inequality and Indigenous communities

The Wire / By The Wire

COP27 is taking place in Egypt. Some of the key issues include keeping global warming within 1.5 degrees Celsius, and developing countries receiving financial assistance in mitigating and adapting to climate change. Experts say vulnerable developing countries are demanding finance for ‘loss and damage’ because they have polluted less and currently mitigating climate change’s impacts …

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