Over the last two years, while our GDP has risen by about five per cent, our GNI has not risen at all. Therefore, on a per-capita basis, our income has been falling. In fact it has been falling for about the last four years, the same period as our household savings have been running down. The graph below is one you are unlikely to find in any of Morrison’s press releases.
Source: Despite Morrison’s Rhetoric, The Economy Is Still Shackled By Abbott’s Failed Agenda – New Matilda