{"id":722451,"date":"2026-06-08T05:43:19","date_gmt":"2026-06-08T05:43:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/722451\/"},"modified":"2026-06-08T05:43:19","modified_gmt":"2026-06-08T05:43:19","slug":"its-been-a-miserable-decade-for-australian-households","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/722451\/","title":{"rendered":"It&#8217;s been a miserable decade for Australian households"},"content":{"rendered":"<p>The past decade has been a basket case for Australian households<\/p>\n<p>According to the March quarter national accounts, released last week by the Australian Bureau of Statistics (ABS), real per capita household disposable income\u2014arguably the strongest indication of material living standards\u2014declined by 0.6% over the quarter to be tracking 3.6% lower than the COVID-19 peak:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/06\/Real-HDI-per-capita.png\" width=\"660\" height=\"523\" alt=\"Real HDI per capita\"\/><\/p>\n<p>So far this decade, real per capita household disposable income has climbed by only 0.65% per year, the weakest decade-average growth recorded since the late 1950s.<\/p>\n<p>Advertisement<\/p>\n<p><img src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/06\/Real-HDI-by-decade.png\" width=\"653\" height=\"578\" decoding=\"async\" loading=\"lazy\" alt=\"Real HDI by decade\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"The past decade has been a basket case for Australian households According to the March quarter national accounts,&hellip;\n","protected":false},"author":2,"featured_media":722452,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-722451","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/722451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=722451"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/722451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/722452"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=722451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=722451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=722451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}