We look at today’s release of the 17th wave of Australia’s Household, Income and Labour Dynamics Survey (HILDA) tells us that despite the official statistics, people were right to feel they were going backwards.
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It’s become a bit of a ritual, as members of various committees linked to Central Bank interest rate decisions speak in the open spaces...
One of the factors I see in my household surveys is wealth transfer from one generation to another, stoked by the paper wealth created...