Real household disposable income also continues to fall

Friday, 7 December 2018

The September quarter national accounts was another shocker for Australian households.

According to the ABS, the real average compensation per employee fell another 0.7% in the year to September 2018 to be 4.7% 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.