Why has Growth in Youth Incomes Slowed?
Commission research paper
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
Patrick Jomini 03 9653 2176
Rising inequality? A stocktake of the evidence
The purpose of this research paper is to contribute to an informed discussion in Australia by bringing together and taking stock of the latest and most complete evidence measuring the prevalence of, and trends in, inequality, economic mobility and disadvantage