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.
BCEC Monthly Labour Market Update – January 2022
The national recovery takes a sickie As speculation mounts around the national unemployment rate breaking through the 4 per cent barrier and the potential implications for wages growth, the unemployment rate for Australia held steady at 4.2 per cent in... Read article
BCEC Monthly Labour Market Update – December 2021
The nation rebound meets Omicron On the heels of November’s record 366,000 job rebound after COVID-19 restrictions eased in the Eastern States, December delivered further growth of 64,800 jobs nationally. The participation rate remained unchanged over the month, so this... Read article
BCEC Monthly Labour Market Update – November 2021
Australia’s labour market bounce is the highest ever….. The national labour market rebound has sent records tumbling. November has delivered the largest monthly increase in employment ever recorded since the current ABS labour market series began in February 1978, with... Read article