Business Briefing: what to do about low incomes
- Written by Jenni Henderson, Assistant Editor, Business and Economy, The Conversation
originalAustralia is facing an income recession warns economist Janine Dixon from Victoria University. To fend it off we need to increase different types of productivity.
Income per capita, one way to measure living standards, is 3% below the peak of 2012 and this is tied to slow growth in Australia’s economy.
This not necessarily a big...