Tag: inequality

Poorest bear economic brunt of pandemic while billionaires’ fortunes boom: Oxfam

Australia’s 31 billionaires have seen their fortunes increase by nearly $85 billion since the global COVID-19 pandemic was declared, Oxfam has revealed on the opening day of the World Economic Forum’s Davos Agenda meetings. Analysis shows that the staggering increase would be enough to give the 2.5 million poorest Australians a one-off payment of just […]

New Oxfam figures show richest Australians create more emissions than all Pacific Islanders

The richest 5% of Australians – about 1.2 million people – are responsible for more carbon emissions annually than all 11 million citizens of Pacific Island countries combined, a new Oxfam analysis has revealed ahead of the Pacific Islands Forum climate meeting and UN Climate Ambition Summit. The analysis also found the energy consumption of […]

Campaigners warn that 9 out of 10 people in poor countries are set to miss out on COVID-19 vaccine next year

Nearly 70 poor countries will only be able to vaccinate one in ten people against COVID-19 next year unless urgent action is taken by governments and the pharmaceutical industry to make sure enough doses are produced, a group of campaigning organisations warned today. By contrast, wealthier nations have bought up enough doses to vaccinate their […]

Companies’ profits soar by billions as poorest pay price of pandemic

Thirty-two of the world’s largest companies stand to see their profits jump by USD $109 billion more in 2020 as the coronavirus pandemic lays bare an economic model that delivers profits for the wealthiest on the back of the poorest, according to a new Oxfam report.  Power, Profits and the Pandemic, published ahead of tomorrow’s […]

Closing the Gap needs investment and reforms

Commenting on the release today of new Closing the Gap targets to improve equality for Aboriginal and Torres Strait Islander Peoples, Oxfam Australia’s Chief Executive Lyn Morgain said: “Oxfam Australia urges all Australian governments to back up their support for the new Closing the Gap targets with investment and law reform to tackle the stark […]

More people could die daily from COVID-19 linked hunger than the virus itself: Oxfam

Oxfam is warning that hunger linked to COVID-19 could kill as many as 12,000 people a day by the end of the year, potentially claiming more lives each day than the disease itself. The shocking forecast is published today in a new briefing, The Hunger Virus, which noted the global daily COVID-19 death toll reached […]

New OECD figures show international aid woefully inadequate to fight COVID-19 crisis – Oxfam

Rich countries barely increased international aid by 1.4 percent overall in 2019, while they cut humanitarian assistance by 2.9 percent, according to figures published overnight by the Organisation for Economic Co-operation and Development (OECD). In response to the news, Oxfam Australia’s Head of Political Engagement Emma Bull said that while many wealthy countries gave more […]

Opinion – Modest response to Australia’s most disadvantaged group

First published in the Sydney Morning Herald on Monday, 13 May: Modest response to Australia’s most disadvantaged group Ngarra Murray is a Wamba Wamba and Yorta Yorta woman and the National Manager of Oxfam Australia’s First Peoples Program. In this election campaign, the major parties have together pledged more than $100 billion in new spending commitments, […]

Budget blind to dual crises of inequality and climate change

This year’s inward-looking Federal Budget does little to tackle growing inequality in Australia or the world, Oxfam Australia said tonight. “This is an extremely disappointing Budget.  There’s been no improvement in Australia’s policies to tackle climate change, we’ve seen a continuation of cuts to Australian aid, and aid funds are being diverted from Asia to […]

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