04/06/2026
New Oxfam data confirms what we already know. There’s a hugely unfair, growing wealth divide in Australia.
These 178 billionaires made $25 billion extra last year alone. That could have funded our whole state budget submission – 187 times over. The remainder could have closed the gap for Aboriginal and Torres Strait Islander people, and provided financial wellbeing initiatives for all Australians.
Our government must reform tax now – and create fairer, more equitable solutions for all Australians. Because when wealth sits equally across communities, our people will thrive.
Read the Oxfam analysis here > https://www.oxfam.org.au/media-releases/australian-billionaires-wealth-grows-by-50000-per-minute/