Lifting Newstart the best cure for inequality

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A new paper from Melbourne University researchers has found that changes to Australia’s tax-transfer system significantly worsened income inequality between 1994-95 and 2015-16:

Research indicates that income inequality has increased since the mid-1990s and no substantial reduction in poverty has been achieved…

During this period substantial fiscal reforms were implemented…

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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.