How Australian billionaires got richer during the pandemic
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Introduction
This week, some new information came out about wealth inequality. A global study by Oxfam found that the richest Australians got even richer in the last couple of years. The report says that billionaires have seen huge wealth gains during the pandemic. Since the pandemic began, Australia's wealthiest have collectively doubled their fortune,. Just 42 Australians now have a combined wealth of nearly $236 billion. Australian billionaire wealth is 61% higher than it was before the Pandemic.
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