Aussie household disposable income booms

Friday 4 June 2021

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.