Business
The AFR’s 2021 Rich List shows we’re not all in this together – The Conversation AU
The wealth of the top 200 Australians has risen by A$56 billion to a staggering $480 billion.
While the financial well-being of everyday Australians has been hit hard by COVID-19, its quite the opposite at the top end of town.
Australias billionaires have thrived during the pandemic year, is how the AFR puts it. But lets not laud this as an achievement.
Its a glaring signal the system is stacked. Through the worst economic crisis in a generation, the elite got richer while millions of Australians just hung on, or saw their slim assets evaporate.
COVID-19 inequalities
In 2020, as lockdowns…
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