Oxfam
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At Oxfam, we too are calling for radical reform of the aid system | Letters
Oxfam GB has responded to a call for radical reform within the international aid sector, agreeing with the need for significant change. The organisation states that the entire system, including governments, donors, and multilateral institutions, must evolve. This is necessary if the sector is to genuinely shift power and resources closer to local communities.
Australia’s 178 billionaires are $25.7bn richer than last year as 3.7 million live in poverty
Oxfam finds the 20 richest Australians now hold more wealth than the bottom 3 million households, analysis shows Get our breaking news email, free app or daily news podcastThe wealth of Australia’s billionaires increased by $25.67bn in the past year, equivalent to almost $50,000 a minute, according to new Oxfam Australia analysis of the 2026 Australian Financial Review Rich List. The anti-poverty organisation said the total wealth of Australian billionaires in 2026 has reached more than...
Australia’s 178 billionaires are $25.7bn richer than last year as 3.7 million live in poverty
Oxfam finds the 20 richest Australians now hold more wealth than the bottom 3 million households, analysis shows Get our breaking news email, free app or daily news podcastThe wealth of Australia’s billionaires increased by $25.67bn in the past year, equivalent to almost $50,000 a minute, according to new Oxfam Australia analysis of the 2026 Australian Financial Review Rich List. The anti-poverty organisation said the total wealth of Australian billionaires in 2026 has reached more than...
Australia hits its highest number of billionaires on record. Do we need more?
In short: Australia has its highest number of billionaires on record, at 178 — up 17 from last year — with total wealth exceeding $686 billion, according to Oxfam analysis. The report finds the collective wealth of Australia's billionaires increased by $25.67 billion over the past year — equivalent to almost $50,000 per minute. The increasing number of Australian billionaires has led to divided views on how it will impact the nation's prosperity.