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In the United States, the share of wealth owned by the richest one percent of the adult population has increased, from 22 percent in the late 1970s to 37 percent in 2018.
Holden and the South Australian government have been doing burn-outs with the truth, as their dodgy claim that 80 per cent of former Elizabeth plant workers have found secure jobs, blows a head gasket.
While a lot still depends on the outcome of the US-China trade war and the 'partial deal' that the market still believes is likely, recent streams of data have tamped down fears of a recession.
Packer has paid significant taxes in Australia all his life, as have his companies. If entitlement to a pension is a reflection of the gratitude of a nation towards those who have contributed, he is more than entitled.
