Is it a 'fair go' for all Aussies? : bridging Australia's capital gap with microcredit

  • Sue Bliss

    Research output: Contribution to journalArticle

    Abstract

    In an affluent country like Australia, the meaning of poverty is different from the absolute deprivation or subsistence poverty that exists in many developing countries. In rich countries like Australia, poverty is relative rather than absolute. This implies that poverty is not lack of sufficient resources to meet basic needs, but lack of resources required to be able to participate in the lifestyle enjoyed by other Australians. The acceptance of poverty as a relative concept means that poverty and inequality are related. Microfinance in Australia has the potential to eliminate disadvantage and social exclusion, Governments see it as a cost effective way of building an 'enterprise culture', enhancing domestic economic capacity and reducing both unemployment and poverty.
    Original languageEnglish
    JournalGeography Bulletin
    Publication statusPublished - 2005

    UN SDGs

    This output contributes to the following UN Sustainable Development Goals (SDGs)

    1. SDG 1 - No Poverty
      SDG 1 No Poverty
    2. SDG 8 - Decent Work and Economic Growth
      SDG 8 Decent Work and Economic Growth

    Keywords

    • poverty
    • Australia
    • microfinance

    Fingerprint

    Dive into the research topics of 'Is it a 'fair go' for all Aussies? : bridging Australia's capital gap with microcredit'. Together they form a unique fingerprint.

    Cite this