Even before the Wuhan coronavirus spread into Australia and derailed almost 30 years of “uninterrupted economic growth”, there was a growing sense that the Australian economy was failing to deliver rising living standards for ordinary Australians.
Despite all the ‘miracle economy’ hype, real wage and household income growth had stagnated, even though the cost of essential goods continued to climb.
Already a subscriber? Log in
Subscribe for just $2 a week
Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in