Household incomes are stuck in the no-growth zone

Wednesday 8 March 2017

The December quarter national accounts was a sobering experience for Australian workers.

According to the ABS, the average compensation per employee registered only 0.1% growth in the 2016 calendar year – the lowest growth on record:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.