Young Australians have lost a decade of income growth, and as the nation enters a recession that looks perilously similar to a depression, it’s only going to get worse.
A new report by the Productivity Commission revealed that young people’s average incomes declined between 2008 and 2018. In contrast, wage rates for Aussies aged 35 to 54 continues to grow.
Read more: https://au.finance.yahoo.com/news/wage-growth-australia-022403971.html