Australians have a lot of reasons to be angry at the rich. While the pandemic has seen thousands out of work or toiling away in high-risk jobs, the wealthy have lined their pockets with JobKeeper and found new and innovative ways to capitalise off the crisis.
Over the past 18 months it has become clearer that COVID is fueling inequality. But new data sheds light on just how big the wealth disparity is at the top.
OpenDirector has charted CEO pay rises during the pandemic and found that the average take-home pay for an ASX 200 CEO increased by 34% between 2020 and 2021, from $3,962,000 to $5,294,000 a year.