Average household wealth in highest 20% is $2.9m, almost 100 times that of the lowest 20%, according to Acoss report

For Sherri Prendergrast, life on Centrelink can feel like being stuck inside a feedback loop.

“It just takes up everything,” the 22-year-old from Glenorchy, in Hobart’s northern suburbs, told Guardian Australia. “There’s this huge stigma around being on government benefits, like you’re too lazy to work. So you feel all this pressure to get a job.

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Read More Australia’s richest 20%​​ own almost two thirds of country’s wealth, report finds

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