The income gap was shrinking under Gillard - OECD

INCOME inequality in Australia fell slightly in 2011, with world-wide disposable income stagnating for the fourth year running, new OECD analysis shows.

The latest report on global income inequality from the OECD showed inequality fell 1% in Australia, with similar falls in Canada, Ireland and Israel.

But western Europe continues to suffer the lingering effects of the global financial crisis, with inequality rising more than 1% in Germany and Portugal, up 1.5% in Spain and 3% in Greece.

The widest gap between rich and poor in the latest global data was found in Mexico, Chile, Turkey and the United States, while Denmark, Finland and Slovenia were the most equal.

Topics:  economy julia gillard oecd

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Awarded for passion

DEDICATION RECOGNISED: Lockyer District State High teacher Belinda Try, centre, holds her Certificate of Commendation that she was presented at a ceremony in Brisbane.

Teacher's passion and leadership recognised

Fifth-generation Brimblecombe takes over the family farm

RUNNING THE SHOW: Forest Hill farmer Mitch Brimblecombe inspects a newly planted crop.

Forest Hill farmer Mitch Brimblecombe is running the family farm.

SECRET LOCATION: Indie film being shot Gatton

ACTION: Charlene Weston portrays Evelyn and Natalie Baker portrays Nurse Ivy on the set of Waiting for Alistair, filmed over the weekend in a secret location in  Gatton.

The set location must be kept a secret

Local Partners