Date: 31 July 2018
Australia hasn’t had a pay rise since 2009, according to the Household Income and Labour Dynamics Australia (HILDA) survey, released today.
In 2009 the median disposable income for an entire household adjusted for inflation was $79,160 in 2016 dollars. In 2016 – the latest year of HILDA data available – the median household income was $79,244.
In some areas, like regional centres in WA and Hobart, real median household income has gone backwards more than 10% over the same period.
Meanwhile key living costs like housing, gas, electricity, transport, childcare and private health insurance have blown out and are forcing many working people to go without – almost 30,000 full time workers are now homeless.