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Why has Growth in Youth Incomes Slowed?

Commission research paper

Background

The Commission’s Rising Inequality? A stocktake of the evidence report (2018) explored income growth across age groups.

Thanks to rising productivity and real wages growth, each new generation has earned more income than the last at a given age, and reached the same level of income earlier in life.

However, incomes have grown slowly since the global financial crisis, and income growth has been particularly weak for young people.

This has been noted as a concern in light of slowing productivity growth and rising perceptions of inequality across generations.

Objectives of the study

The purpose of this self-initiated research project is to analyse recent trends in youth income growth, what is contributing to these trends, and who is most affected.

Expected release date

April 2020

Contact

Patrick Jomini 03 9653 2176