The income gap was shrinking under Gillard - OECD

INCOME inequality in Australia fell slightly in 2011, with world-wide disposable income stagnating for the fourth year running, new OECD analysis shows.

The latest report on global income inequality from the OECD showed inequality fell 1% in Australia, with similar falls in Canada, Ireland and Israel.

But western Europe continues to suffer the lingering effects of the global financial crisis, with inequality rising more than 1% in Germany and Portugal, up 1.5% in Spain and 3% in Greece.

The widest gap between rich and poor in the latest global data was found in Mexico, Chile, Turkey and the United States, while Denmark, Finland and Slovenia were the most equal.



WHAT’S ON: Things to do in the Gympie region this weekend

Premium Content WHAT’S ON: Things to do in the Gympie region this weekend

The party of the year is set to rock the Theebine Hotel on Saturday night.

BREAKING: Human remains found on Gympie outskirts

Premium Content BREAKING: Human remains found on Gympie outskirts

Police are appealing for anybody with information to contact Crimestoppers

Rainy conditions cause car to slam into fence at Veteran

Premium Content Rainy conditions cause car to slam into fence at Veteran

Emergency services were called to the scene on Hood Rd just before 6pm yesterday.