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Features

House prices and demographics make death duties an idea whose time has come

Special Feature

It’s hard to tell what’s happening to the distribution of wealth in Australia. Since death duties went, Australian income inequality has climbed, with the standard measure (known as the Gini coefficient) climbing from 0.27 to 0.32 between 1982 and 2016 on a scale where a result of zero would mean income was equally shared and a result of 1 would mean one person earned all the income.