This report explores the perceptions of wealth inequality in Australian society and the the actual divide in wealth between richest and poorest.

A collaboration between Empirca Research and Harvard Business School, the research shows that Australians dramatically underestimate the degree of wealth inequality in our society.  Furthermore, when asked what they believed the minimum was, Australians overstated it by an average of  $1.80 per hour, or $68.40 per week.
The wealthiest 20% of Australians own 61% of the country's wealth.  The poorest 20% own 1%.  The wealth gap is large and growing, but how well are these economic trends known by the Australian public at large?  Does the "illusion of equlaity" impact support for policies that would bring greater equality to Australian society?