April 2010
FACTBase Bulletin
FACTBase Bulletin 5 - Is Perth Becoming More Unequal?
This paper builds on FACTBase Bulletin 1 and examines how Perth's recent resources boom has affected levels of socio-economic wellbeing.
Key Findings
- While the financial position of most of the people in Perth improved from 2000-2007, most of the benefits of the boom were concentrated amongst a group of relatively wealthy suburbs.
- The Gini coefficient for Perth increased from 4.1 to 4.8, meaning that wealth had become more concentrated in a smaller area of Perth.
- The rising of the Gini coefficient was a national trend, not unique to Perth alone as it was spurred on by the decline of the mining boom around late 2007.
- Spatial inequality was much higher in Sydney and Melbourne than in Perth, where Sydney had the greatest gap of inequality.
- In light of another economic boom in Western Australia and renewed investment in the resources industry, a more positive economic outlook, strong population growth ad urban expansion all suggest issues of inequality are not over for Perth.
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