Household incomes are stuck in the no-growth zone

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By Leith van Onselen

The December quarter national accounts was a sobering experience for Australian workers.

According to the ABS, the average compensation per employee registered only 0.1% growth in the 2016 calendar year – the lowest growth on record:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.