The great Australian lie

Talk of an income recession is quite simply misguided. The bottom line is underlying economic growth is probably still rising at an above trend pace.

Readers will already be aware that Australia is now gripped by an income recession. What’s interesting about this is the fact that we’re actually not in such a recession at all.

The chart below shows Australia’s national income growth over the last 14 years and as you can see, it is very much around trend. Indeed, the idea that we’re in some sort of income recession is, quite simply, a lie.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles