The rise and rise of Australia’s mega wealthy

Friday 31 May 2019

The ABC’s Michael Janda has done a good job analysing the explosive growth in wealth amongst Australia’s wealthiest elite, whose wealth has grown 50-fold since 1984:

Back in 1984, Australia’s 200 richest people had a combined wealth of $6.4 billion.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.