It’s official - Regular Australians are getting poorer

in teamaustralia •  4 months ago

Of all the measures of wellbeing of Australia’s workers and families, one has reliably increased over the decades. That is despite droughts, floods, recessions, changes of government, jobless rises and falls, and housing booms and busts. Until now.

‘Household gross disposable income’ quantifies the cash families and individuals receive from all sources – jobs, investments and other income streams – after taxes and the Medicare levy are paid.

Read more: http://thenewdaily.com.au/money/finance-news/2017/07/09/household-income-falling/

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  trending

This post received a 4.3% upvote from @randowhale thanks to @sassal! For more information, click here!

I knew this Sassel - but great for seeing it in writing. And it is getting much worse. Greenslip premiums have just gone up about 30% this year - and other insurances are following. Just awful really.

The same happens here, South Korea

That is misleading.
What you can do with 100 bucks has been steadily decreasing.