Labor turns household loan shark

Advertisement

Australians are hurting following an 8% decline in real per capita household disposable income since the Albanese government came into office.

Household income

Australian households have suffered from an inexorable rises in gas and electricity prices.

Utility prices
Advertisement

Australian renters have suffered from a near 50% rise in rents since the pandemic, driven mainly by the surge in net overseas migration.

Median advertised rents

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
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.