Published: September 08, 2018
It’s swings and roundabouts - bank customers and workers get thrown off the roundabout and hit in the back of the head with the swing
This week came the news that the economy over the past year grew faster than it has any time since 2012. It was a nice point given that the average household’s income is still at 2012 levels in real terms. The national accounts are not reflecting the reality of people’s own economic experience, but they do reflect how skewed the economy has become away from households.
Related: Australia's economy hits 3.4% annual growth rate, exceeding expectations
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