In the recent years, Australia has achieved sustained economic growth, low inflation, declining rate of unemployment and increasing growth of productivity. Structural changes have played an essential role in creating a more efficient and competitive economy. However, it created a serious problem, that is, the inequality gap is increasing dramatically. The rich are financially better off while the poor are worse off. As a consequence, a more divided society has been created. This essay briefly …showed first 75 words of 833 total…

…showed last 75 words of 833 total…Australia, 28 January. Stilwell, F. (1993), Causes, Economic Inequality: Who Gets What in Australia? Pluto Press: Australia, P. 41. Sheehan, P., (2001), The Causes of Increased Earnings Inequality: The International Literature, in J. Borland, B. Gregory and P. Sheehan (Eds), Work Rich, Work Poor: Inequality and Economic Change in Australia, Victoria University Press: Melbourne, p. 47. Stilwell, F. (2003), Economic Inequality, in G. Argyrous and F.Stilwell (Eds), Economics as a Social Science: Reading in Political Economy, Pluto Press: Sydney, p.29.