While the initial period of the pandemic led to job losses and falls in income, the payments introduced by the Federal Government helped ease the impact for the low paid. This actually led to an improvement in income inequality. Fewer people also were finding things difficult on their current income.
Between February and April 2020, income per person per week fell by around $77.00 or 10%.
Income per person in the lowest income level went up 34% due to the increases in government assistance.
Nearly a quarter of people were finding it difficult on their current income, which is a fall from 27% in February.
Because of the Government payments introduced to deal with COVID-19, income inequality improved substantially falling from 7.2 in February to 6.2 in April.