Original article by Jacob Greber
The Australian Financial Review – Page: 1 & 4 : 28-Jul-14

The University of Melbourne has used tax data to estimate that Australia’s highest income-earners accounted for 7.7 per cent of the nation’s income in 2011. This has remained relatively steady since 2006, after rising in the previous two decades or so. In contrast, the so-called one per cent in the US account for nearly 20 per cent of national income, a figure that has risen significantly in the last decade. However, shadow assistant treasurer Andrew Leigh contends that income inequality in Australia is at a long-term high

CORPORATES
UNIVERSITY OF MELBOURNE, AUSTRALIAN NATIONAL UNIVERSITY, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, PARIS SCHOOL OF ECONOMICS, UNIVERSITY OF MELBOURNE. INSTITUTE OF APPLIED ECONOMIC AND SOCIAL RESEARCH