Inflation isn’t problem for all Australians the widening wealth and income gap is.
The average income across the nation’s richest postcode soared beyond $300,000 for the first time as residents of Cottesloe and Peppermint Grove in Perth’s western suburbs enjoyed an 81 per cent increase in earnings – and during a recession.
Average income in Australia’s highest-earning postcode cracks $300,000
Key points The Victorian Electoral Commission redrew the boundaries for state seats ahead of the November election. Labor stands to benefit from the redistribution, with two net gains, based on the 2018 vote.AdvertisementOpposition Leader Matthew Guy’s election prospects have been dealt another blow, with new state electorate boundaries predicted to give Victorian Labor a net gain of two seats ahead of November’s state election.
New boundaries tipped to unseat Liberals
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