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.
of course
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.