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How do you solve a problem like inequality?

Income inequality has become a hot-button issue in recent years. Statistics demonstrate that Australia and most of the rest of the world are becoming more unequal? But how did we get to this point? How does this affect the economy? And what is to be done about it?

Putting the Australian Budget in a Global Context

There will be a lot of people tuning into Wayne Swan’s budget speech on Tuesday night, and not just from within Australia. Provided that the Treasurer delivers a much-hyped budget surplus (despite a softening in tax revenues due to the global slowdown), he will be able to claim that Australia is one of the first developed economies around the world to emerge from the threat of the Global Financial Crisis.

Read morePutting the Australian Budget in a Global Context