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Wednesday’s ABS national accounts release for the March quarter revealed that real per capita household disposable (HDI) is booming following a decade of stagnation.
Real per capita HDI rose 0.5% over the March quarter to be up 4.0% year over year:
Real household disposable income per capita has risen strongly.
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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.