November 2010
FACTBase Bulletin
FACTBase Bulletin 16 - Is Perth Becoming More Unequal: Updated
This paper builds on a Bulletin released earlier in 2010 (Bulletin 5) that examined the issues of income inequality across Australia's major cities, and within the Perth metropolitan area.
Key Findings
- Research shows that between 2000 and 2007 spatial inequality increased steadily in Perth as a result of the resources boom.
- While inequality increased through much of the resources boom, 2008 saw a major turning point with inequality decreasing sharply.
- While there are several reasons for this decrease in inequality, a large part can be attributed to the slowing of investment and other earnings amongst high income earners as a result pf the global financial downturn.
- While there is disparity between suburbs, Perth remains a more egalitarian city than Melbourne or Sydney, at least in terms of the geographical spread of income – this is in part due to a relative improvement in the performance of the poorest suburbs.
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