It’s official - Regular Australians are getting poorer

in teamaustralia •  7 years 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/

teamaustralia australia news money finance
7 years ago by

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      ·  7 years ago 

    of course

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        ·  7 years ago 

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

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          ·  7 years ago 

        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.

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            ·  7 years ago 

          The same happens here, South Korea

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              ·  7 years ago 

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

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