Australian dividend payments to shareholders from corporate investments grew six times faster than worker pay between 2020 and 2023, new Oxfam analysis reveals on International Workers’ Day (May 1). Accounting for inflation and through COVID-19, the war in Ukraine and the cost-of-living crisis, dividend payments in Australia rose 37%, while average real wages in Australia […]
As Yemen enters its tenth year of war, its people face renewed airstrikes and a deepening economic crisis that risks pushing millions into starvation, Oxfam has warned today. Today marks nine years since the escalation of the conflict. A temporary UN-brokered truce expired in 2022 and, whilst it has largely held, recent Houthi military activity […]
In reaction to the Integrated Food Security Phase Classification (IPC) report published today on Gaza stating that famine is imminent in Northern Gaza and, if Israel persists in its hostilities and restricting humanitarian access, there is a real risk of famine for the rest of the enclave, Sally Abi Khalil, Oxfam’s Middle East and North […]
In response to the Australian Government’s announcement on the stage three tax cuts, Oxfam Australia’s Interim Director of Programs, Rod Goodbun, said: “We welcome today’s announcement that the Australian government has taken positive measures to address the relentless surge in the cost of living and enhance the fairness of the stage three tax cuts. “The […]
Polling comes as 260 millionaires and billionaires sign new letter, directed at political leaders attending the World Economic Forum in Davos, saying they would be “Proud To Pay More” in taxes. A staggering new poll has revealed that support for higher taxes on wealth is popular with dollar millionaires from across G20 countries. It comes […]
Analysis finds that in the same period, five billion people around the world have been made poorer The wealth of the three richest Australians, Gina Rinehart, Andrew Forrest and Harry Triguboff, has more than doubled since 2020 at a staggering rate of $1.5 million per hour, new Oxfam analysis reveals, as the human rights organisation […]
Reacting to news today that the humanitarian pause agreed between the Government of Israel and Hamas has ended, with renewed hostilities, Oxfam Humanitarian Director Marta Valdes Garcia said: “While Oxfam welcomes the release of Israeli and foreign national hostages back to their families during the pause, and the reuniting of Palestinian prisoners and detainees in […]
722 mega-corporations raked in $1 trillion a year in windfall profits in 2021 and 2022. A windfall tax of 90 percent on last years’ windfall profits could generate $941 billion —money that now could be used to tackle poverty and climate change. While profits soared, one billion workers across 50 countries took a $746 billion […]
Workers in Australia took a 4.6% real term pay cut in 2022, losing on average AUD $4,163 and working almost 10 days effectively unpaid because wages did not keep up with inflation, reveals new analysis from Oxfam ahead of International Workers Day. The total losses for workers in Australia was AUD $58 billion, while the […]
Oxfam Australia is marking the 10th anniversary of the Rana Plaza tragedy by calling on Australian brands to do more to protect the rights of garment workers; as a new Oxfam survey found 9 in 10 (88%) of Australians rate the safety of garment workers as important when buying clothes. The collapse of the eight-story […]