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The collapse in Australia’s household incomes has been well documented on this site, including:
1. Real Average compensation per employee, which has fallen 2.9% since March 2012:
2. Quarterly real per capita household disposable income, which has fallen by 1.6% in the seven years to June 2017:
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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.