The table below shows the changing income shares of the Australi
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Income group | Share of total income in 2004 (%) | Share of total income in 2008 (%) |
Poorest 20 % | 7.4 | 7.2 |
Second 20 % | 12.2 | 11.8 |
Third 20 % | 16.4 | 15.9 |
Fourth 20 % | 22.8 | 22.5 |
Richest 20 % | 40.9 | 42.7 |
From the data given above it may be concluded that over the period in question
I.The distribution of income has become more unequal
II. The distribution of income has become more equal
III.The poorest income group experience a rise in their income