In 1996, in Living on the Edge, I described the crisis of poverty afflicting communities throughout Wales: 'A generation of Welsh people are being born into social disadvantage which will ensure that they will under-perform in school, be unemployed or work in marginalized and low wage employment, will live in some of the poorest housing in Europe and be prone to disease and ill-health' (Adamson, 1996, p. 7). At the time of writing, the Conservative government denied the existence of poverty in the UK and pursued economic and welfare policies which did much to accelerate the rise of what, at the time, was being termed the 'new poverty' (Gaffikin and Morrisey, 1992). Now, after ten years of a Labour government with a clear manifesto commitment to the eradication of poverty, it is a useful time to review current conditions in Wales and assess progress toward that objective. This paper will review recent experience in Wales and achieve three objectives. First, I will assess current levels of poverty in Wales and ascertain whether individuals and communities continue to 'live on the edge'. I will also identify the 'poverty triangle' a complex relationship between education, health and housing which is experienced by the poor and which collectively constitute the primary policy domains which poverty eradication strategies must directly engage with. Finally, I will review key Welsh Assembly Government policies developed to tackle poverty, social exclusion and disadvantage in Wales.