Living standards have fallen for the fifth successive quarter, the longest decline in 40 years.
Articles on Australian national accounts
Displaying all articles
The treasurer says the 2024 budget will be about supporting growth after the weakest economic figures in 23 years outside of a recession.
The best measure of living standards – real household disposable income per capita – has been going backwards for two years. It’s the biggest dive in living standards in half a century.
