Irish people have high wages but one of lowest disposable incomes

Irish people enjoy some of the highest average earnings among OECD countries but end up with one of the lowest disposable incomes due to high personal taxes and the cost of living, a new report shows.

There is also a considerable gap between the richest and poorest, with the top 20% of the Irish population earning almost five times as much as the bottom 20%.

Despite these inequalities, Irish people are more satisfied with their lives than the OECD average.