Oxfam tells G-20 to tackle rising inequality

Sydney

THE world's biggest economies must tackle rising inequality, aid agency Oxfam warned on Tuesday, saying that ignoring the issue would leave millions trapped in poverty and risk economic growth.

In a report ahead of the G-20 summit in Brisbane, Oxfam said the wealth of G-20 nations had risen by US$17 trillion since December but the richest one per cent of people took more than one-third of this with US$6.2 trillion.