Australia has a prosperity problem. Over the past decade, average Australian household real income grew just 0.6% a year. In the US? 22.6%. So what went wrong? In the latest Demographics Decoded, Simon Kuestenmacher and I unpack the bigger story behind Australia’s falling living standards, including: 📉 Weak productivity 👥 Rapid population growth 🏠 Housing affordability 💰 The growing generational wealth divide Australia’s economy has grown, but many Australians haven’t become wealthier. 🎧 Listen to the latest Demographics Decoded. #DemographicsDecoded #AustralianEconomy #Demographics #PropertyInvestment
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