Aussie workers’ economic share falls to 53-year low

Wednesday 6 September 2017

Yesterday’s national accounts release for the June quarter revealed some depressing news for Australian households.

While the broader economy posted a 1.8% rise in real GDP over the year, Australian workers’ continued to slide backwards.

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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.