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AAP
AAP
Politics
Poppy Johnston and Jacob Shteyman

Are you better off: question at heart of next election

Real disposable income per capita has fallen since Labor took office. (Flavio Brancaleone/AAP PHOTOS)

Australians are worse off today than they were three years ago, but Treasurer Jim Chalmers argues they would be mired in even more economic misery under the coalition.

Living standards, measured by real disposable income per capita, has fallen more than 10 per cent since Labor took office in May 2022 as inflation and interest rates have eaten into household savings.

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