17 Feb 2021

Experts say rising incomes hiding growing disparity

From Morning Report, 8:17 am on 17 February 2021

Latest figures showing rising household incomes are hiding what some say is a growing disparity between the have and the have nots, particularly around home ownership.

All key income measures for household incomes increased prior to the Covid-19 lockdown.

In the year ended June 2020, average annual household disposable income increased 3.9 percent to nearly $87,000.

Andrew McRae reports.