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2024-11-24 03:11:03 UTC - HELPFUL

Rated by Participant: 511006BF376F412A7696D56CFC40A44D61C3533575CC21483765AE436C570A0B
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Original Note:

The post highlights wage growth, but Australia saw a 6% drop in disposable income per capita in 2023—the largest in the OECD. Rising costs outpaced wages, lowering living standards. https://www.macrobusiness.com.au/2024/02/australians-suffer-worlds-biggest-living-standards-collapse/ https://www.afr.com/policy/economy/household-income-pain-to-last-until-2027-these-three-charts-prove-it-20240219-p5f5yi

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