Household disposable incomes are also falling

Wednesday 14 June 2017

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

According to the ABS, the average compensation per employee fell by 0.2% in the year to March 2017 – the lowest growth on record:

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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.