This first recycle deals with Redfern in February 2010 – my last February there, as it turned out. Today’s Sydney Morning Herald has an item reflecting how the area has been changing since – changes that were under way back in 2010.
Sydney has emerged as Australia’s most unequal major city with the richest 1 per cent of earners snaring more than 11 per cent of all the income.
Huge economic disparities have also been revealed in some of Sydney’s most exclusive harbour-side suburbs by new small area income distribution figures published by the Bureau of Statistics.
In Double Bay, Bellevue Hill, Rose Bay, Vaucluse and in the city’s central business district more than 22 per cent of all income goes to the top 1 per cent of earners. The Redfern-Chippendale area also ranked among Australia’s most unequal neighbourhoods with almost 19 per cent of the area’s combined income accruing to the top 1 per cent.
Posted on February 22, 2010 by Neil
Posted on February 26, 2010 by Neil