Australian Economy

Aussie living standards decline as falling income meets rising bills

Leith van Onselen
Monday 8 January 2018
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By Leith van Onselen

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

According to the ABS, the real average compensation per employee fell by 0.9% in the year to September 2017 to be 3.3% lower since March 2012:

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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.