Public sector costs squeeze households

Original article by David Uren
The Australian – Page: 1 & 4 : 15-Jan-18

The Australian Bureau of Statistics’ latest household expenditure survey shows that consumers’ spending on essential services has risen by 23 per cent since 2009-10. Electricity, education and childcare are among the services for which household expenditure has risen sharply over the last six years. Meanwhile, household spending on food has increased by 15 per cent over this period, while there has been 46.9 per cent growth in expenditure on holidays.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, RESERVE BANK OF AUSTRALIA, AUSTRALIA. DEPT OF EDUCATION AND TRAINING

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