Households in Australia are living on less disposable income now than they did in 2009.
The HILDA (Household, Income and Labour Dynamics in Australia Survey) report was released by The University of Melbourne today.
The study shows the median household disposable income in 2015 was $76,225 – compared to the median income in 2009 which was $77,411 (adjusted for Dec, 2015 prices). A drop of $1252.
According to the study Median household disposable income has been trending downwards since 2009 – with only one increase in 2012, when median income increased from $73,531 annually to $77,157.