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This report shows that, pre-COVID, single people on JobSeeker, even those with some paid work, and single parents on JobSeeker, have been struggling on the lowest rung of the household income scale. Over half are in the lowest 10% of incomes nationally. Half of people on age pensions are in the lowest 20% of incomes nationally, though widespread home ownership among this group provides a significant degree of protection from poverty. The 10% of older people who rent their homes are in a much more financially distressed position.
The report sets a base-line of data against which to assess the impact that COVID-19 is having on inequality in Australia. It reveals where different groups fit in the income and wealth scales, and the direct causes of inequality from the latest data available, 2017-18.
Inequality in Australia 2020 - part 1: overview https://apo.org.au/node/308062