Australia has more billionaires than ever before, as well as more people living below the poverty line, writes Paul Davis.
A PREVIEW of the 2017 Australian Financial Review 'Rich List' last week revealed that Australia has 60 billionaires — more billionaires than ever before.
That's sixty Australian billionaires, while the nation has 2.9 million people (13.3 per cent of the population) living at or below the international poverty line, including 774,000 children.
The increasing wealth of a few may be evidence of Australia advancing — but is it fair? Does anyone care?