New forecasts show Aussie household incomes are set to plunge

The most recent OECD statistics, which are current to the September quarter of 2025, revealed that over the past decade, Australia has seen the weakest increase in real per capita household disposable income among major English-speaking nations:

Real household disposable income vs OECD

Between the March quarter of 2015 and the September quarter of 2025, Australia’s real per capita household disposable income increased by just 5.9%. This was lower than Canada’s 9.5% increase, the United States’ 22.2% increase, and the United Kingdom’s 6.6% gain.

Australia’s 5.9% increase in real per capita household disposable income was also far lower than the OECD average of 20.1%.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

Share

About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.