Chart: Increasing inequality in Sydney
Livewire
The economic divide has widened in Sydney, with the largest gaps emerging between the city’s east and west. The neighborhood that’s home to Prime Minister Malcolm Turnbull has Australia’s highest mean taxable income at A$200,015 ($147,000) a year. That’s almost doubled in 10 years. In the western suburbs of Penrith, the figure is just A$53,192, up from A$35,516 a decade earlier. Source: (VIEW LINK)
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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise