UNSW research finds top 1% of income earners receive more income in a fortnight than the lowest 5% earn in a year

'The Inequality Report in Australia 2018 report, released Tuesday at UNSW, found that the top 1% of income earners receive more income in a fortnight ($11,682) than the lowest 5% earn in a year. What’s more, wealth disparity is even greater with the average wealth of the top 5% (more than $6 million) more than 200 times that of the lowest 5% ($30,000).'

The report is the first from the partnership between UNSW Sydney and ACOSS.

Read report: New UNSW, ACOSS study highlights inequality in our society – and how to fix it

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