Latest AMP.NATSEM Report - Advance Australia fair?

Advance Australia fair?

The AMP.NATSEM Report on Trends in small area socio - economic inequality

Prosperity gains for Australian households between 2001 and 2006 in income and employment were largely offset by rapid increases in housing and other costs, according to a new AMP.NATSEM report.

The report found that the equivalent gross income of the average Australian household rose by 31 per cent from 2001 to 2006 yet housing costs for the average household increased by twice that at 62 per cent - from $123 to $199 a week. At the same time, other living costs also rose, such as food, petrol, education and childcare.

In Sydney this means that the average household income, which increased by 28 per cent between 2001 and 2006, was reduced to an increase of just 1.5 per cent a year after factoring in changes in the cost of living.

The 20th AMP.NATSEM Income and Wealth Report Advance Australia Fair?, looks at trends in income, unemployment and immigration for different geographic regions of Australia, rather than individual Australians – drawing on Census data from 2001 and 2006.

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Appendix - small local area listing

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