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The Latest Breaking News from Inequality

RBA not swayed by jobless spike as next rate call looms

Reserve Bank governor Michelle Bullock has pushed back on rate cut expectations and weighed in on Donald Trump's pressure on Fed chair Jerome Powell.

AAP

How Robert Reich Teaches — and Why Inequality Is Still the Lesson

Director, producer of The Last Class discuss Reich’s skill in the classroom and his career-long focus on economic disparities.

Capital & Main

Is today’s political climate making dating harder for young people?

The last year has highlighted a political divide between young men and women. Data from elections in several countries shows that women aged 18-29 are becoming significantly more liberal, while young men are leaning more conservative. And a recent 30-country study found generation Z more divided than other generations on…

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

Nine households control 15% of wealth in Silicon Valley as inequality widens

Report finds wealth divide widened in Silicon Valley at double the rate of the whole US over the past decade

The Guardian - US

Poor Clare at the Orange Tree Theatre review: this riches to rags fable is polished but tone deaf

3/5 This meditation on wealth inequality draws hang-wringing parallels to the Middle Ages– with mixed results

Evening Standard

Morning Mail: Bradley Murdoch dead at 67, warning to Labor over inequality, the $1 housing blueprint

The notorious outback killer of British backpacker Peter Falconio has died in custody of throat cancer; NSW plan to speed up home building

The Guardian - AU

25 Times People Made It Clear To Everyone Else They’re Rich Without Even Trying

Since the beginning of the pandemic, the Institute for Policy Studies has been tracking the rapid growth of rich Americans' assets, and it's become one of the most disturbing reminders of inequality during a crisis that has devastated ordinary families.

Bored Panda

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Inequality has risen from 1970 to Trump − that has 3 hidden costs that undermine democracy

America has never been richer. But the gains are so lopsided that the top 10% controls 69% of all wealth in the country, while the bottom half controls just 3%. Meanwhile, surging corporate profits have mostly benefited investors, not the broader public.

The Conversation

Four African billionaires richer than 750 million people living on the continent

Africa’s wealth disparity has reached unprecedented levels, with just four billionaires now holding more wealth than 750 million people combined – half the continent’s population.

Radio France Internationale

Voices: Readers torn on wealth tax – from ‘the only counterbalance’ to ‘utterly counter-productive’

YOUR VIEWS: Discussion of a wealth tax has ignited a lively debate among our community, with some calling it a necessary step to tackle inequality and fund public services, while others warned it would drive away investment and harm the economy

The Independent UK

10 Laws That Have Been Weaponized Against the Average Citizen

Laws are meant to protect, guide, and ensure justice for everyone, regardless of wealth, status, or power. Yet, history and modern headlines alike show that some laws have been twisted, stretched, or outright weaponized against the very people they were designed to serve. From surveillance to civil forfeiture, these legal…

Clever Dude

Tax season in South Africa: the system is designed to tackle inequality – how it falls short

South Africa’s personal income tax system is in the spotlight as the country’s tax filing season gets under way. Personal income tax is an important way of redistributing income from higher-earning to less-well-off individuals.

The Conversation

Modi government called ‘out of touch’ for claiming India is one of world’s most equal nations

World Bank data seized upon by government – but economists say it doesn’t paint the full picture

The Independent UK

Trump's 'Big Beautiful Bill' Delivers Tax Cuts for Wealthy, Deep Welfare Cuts for Millions: Who Wins and Who Loses?

The Senate passed the 'One Big Beautiful Bill Act' on 1 July, delivering major tax breaks to top earners while cutting Medicaid and public aid, sparking backlash over rising inequality.

International Business Times UK

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The Guardian - AU

Australia’s life expectancy gap narrows but men in disadvantaged areas dying almost seven years earlier

Major causes of death contributing to inequality are lung cancer, respiratory illness and heart disease, ANU researchers say

The Guardian - UK

To all who think capitalism can drive progressive change, it won’t – and here’s the shocking proof

Asset manager Aberdeen’s surprise cut to funding research into inequality has left those that used its grants for good work reeling, says Guardian columnist Polly Toynbee

The Independent UK

French President Emmanuel Macron labels tariffs as “blackmail”

Macron also urged support - and a rethinking - of the World Trade Organization to bring it in line with goals to fight inequality and climate change.

The Guardian - UK

Health inequality is linked to gross disparities in wealth

Letters: Politicians pretend to want to address the problem, writes Stephen Smith; Jol Miskin says Labour should bite the bullet and raise taxes

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The Guardian - UK

Britain’s ‘medieval’ health inequality is devastating NHS, experts say

Exclusive: Health service estimated to be spending £50bn a year on effects of deprivation and child poverty

Saving Advice

Do Rich People Live Longer?

One of the biggest questions swirling around the income inequality debate is whether the perks that come with being rich translate into a longer lifespan....

The Guardian - US

Ex-world leaders call for ‘powerful shift’ as they warn of extreme inequality

Former leaders urge current state heads to work together to end poverty amid potential of first trillionaires emerging

The Guardian - UK

A broken housing market is driving inequality right across Europe – and fuelling the far right

From Lisbon to Amsterdam, housing policy has led to haves and have-nots. But, as our new series uncovers, it doesn’t have to be this way, says Guardian Opinion deputy editor Kirsty Major

Benzinga

Bernie Sanders Slams Jeff Bezos' Lavish Wedding Plans, Demands 'End' To Oligarchy: Amazon Founder Pays 1.1% Tax, Takes $500 Million Yacht To Venice While Kids Go Hungry

On Tuesday, Senator Bernie Sanders (I-Vt.) called out billionaire and Amazon.com, Inc. (NASDAQ:AMZN) founder Jeff Bezos for extravagant spending amid widespread economic inequality in the U.S.

Evening Standard

Waspi group: Safeguard will ‘prevent risk of financial ruin’ in compensation bid

The Women Against State Pension Inequality group said an agreement had been reached for a costs capping order in its legal battle.

The Conversation

Batman Begins turns 20: Nolan’s trilogy challenged power, but still sided with the system

Christopher Nolan’s Dark Knight trilogy is often praised for bringing gritty realism and deeper political themes to superhero films. When Batman Begins premiered in 2005, it reimagined Gotham as a city undone by corruption, inequality and institutional collapse.

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