CAAN Photo: Homeless … yet a very neat camp was set up in this Glebe park in March 2020
KEY POINTS on what has emerged since the Coalition won the Election in 2013 …
-the void between the have and the have not Sydney suburbs has grown
-low interest rates have brought huge capital gains to a few hundred in Double Bay and the like …
-median incomes of Sydney wealthy suburbs grew at more than twice the rate of the worst-off
-the average income of Double Bay residents grew by 85% between 2013/14 and 2017/18
-RBA Governor, Philip Lowe ahead of the Pandemic advised that wage stagnation causes some to question Australia’s economic success …
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COMMUNITY ACTION ALLIANCE FOR NSW (CAAN): HOUSING INEQUALITY WITH AUSSIES LOCKED OUT! 