How does your area compare for housing stress, socioeconomic disadvantage and income? In the first of a series about Australian electorates, we look at inequality and wealth
The substantive focus may have shifted since 2019, and the rhetoric may have softened, but the problem of inequality persists.released in March from the Australian Council of Social Service and the University of New South Wales points out that government payments distributed during the first wave of the coronavirus pandemic halved poverty and significantly reduced income inequality in this country.
But that trend was reversed when the support ended. The Morrison government did agree to a permanent $50 increase in the fortnightly jobseeker payment once the coronavirus supplement ended – but that was well below what social services groups had championed. Labor also confirmed in April it hadmaps the extreme inequality across Australia. It shows the most advantaged electorates have median incomes almost double the most disadvantaged.
IRSAD takes into account factors such as income, education, unemployment, rent and mortgage, and family size. A high score indicates a relative lack of disadvantage and greater advantage.We can further explore the factors that make up the inequality index by diving deeper into two electorates – Goldstein in suburban Melbourne and Lingiari in the Northern Territory.
Eighty-nine per cent of Goldstein is in the most advantaged three deciles of the IRSAD index, while just 21% of Lingiari residents are in the most advantaged areas, with 43% of Lingiari residents living in the most disadvantaged areas.
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