Australians have recently endured their sharpest fall in real wages and disposable incomes on record.
Nominal wage growth in Australia has badly lagged our developed economy peers:
Source: AMP
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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.
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