Dev Raga Personal Finance

← Dev Raga Personal Finance25 aug Β· 24 min

633 what is the Gini coefficient?

633 what is the Gini coefficient?25 aug24 min

In this episode Dev unpacks how the Gini coefficient is used to measure economic inequality. He explains how it works plus:

πŸ‘‰πŸΎ income inequality vs wealth inequality

πŸ‘‰πŸΏ what is the Lorenz curve

πŸ‘‰πŸ» what is Pigou-Dalton principle

πŸ‘‰ limitations of the Gini coefficient

πŸ‘‰πŸΌ where does Australia sit relative to the OECD countries

πŸ‘‰πŸ½ his top takeaways

Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.

Need a mortgage broker? Check out https://www.spherehomeloans.com.au

Need to review your personal insurances? Head to https://skye.com.au

To chat with a professional and get help about your situation, click here.

Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf