Aussie household income remains in deep hole

Friday 5 September 2025

Real per capita household disposable income is arguably the single best measure of per capita living standards.

OECD data showed that in the decade to the March quarter of 2025, Australia has experienced the weakest growth in real per capita household disposable income out of major English-language speaking nations

Australia’s real per capita household disposable income grew by only 3.5% in the decade to Q1 2025, versus 8.9% in Canada, 20.6% in the USA, and 8.0% in the UK.

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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.