Waiting for the wealth shock to wear off

The end to growth of household assets ahead of wages has left Australians traumatised. How long will it take to recover from that jolt?

In my household at present, a certain eight-year-old is often found dancing around and singing: “The hip bone's connected to the back bone/ The back bone's connected to the neck bone/ The neck bone's connected to the head bone...”

Meanwhile, Dad is more often found humming: “The jobs rate’s related to consumption, consumption’s related to sent-i-ment, sent-i-ment’s connected to real in-comes...”


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