Income recession hitting the middle-class


By Leith van Onselen

The income recession afflicting Australia has been well documented on this site.

Evidence comes from a variety of sources, all showing that typical Australian household incomes have fallen over recent years when adjusted for inflation. Consider the below charts illustrating the situation.

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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.