Income and Wealth
Economic analysis of income and wealth accumulation and divestment traditionally draws on the life cycle hypothesis, which suggests that earlier life stages are spent accumulating wealth, which is later drawn down to meet spending needs in old age. This research theme explores a range of issues related to income and wealth in WA and Australia, including the distribution and composition of income and wealth, economic inequality over the life course, income poverty measurement and the impacts of family income and wealth on wellbeing.
Mortgage stress and precarious home ownership
Between 1987 and 2015, the growth in mortgage debt outstripped both house price and income growth among older mortgagors (55+). Mortgage debt blew out by 600 per cent while house prices tripled. Income growth lagged even further behind, doubling over... Read article
Getting our house in order?
This report by the Bankwest Curtin Economics Centre focuses on housing affordability, one of the most important economic and social issues facing Western Australia, and indeed the country. This twelfth report in BCEC’s Focus on WA series builds on the Centre’s earlier... Read article