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Yogi Vidyattama


Yogi Vidyattama

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Yogi Vidyattama's research interests include development economics, economic growth, regional economics, urban planning, public finance and migration. More about Yogi Vidyattama >

 


AMP.NATSEM Income and Wealth Report, Issue 31: Prices These Days - The Cost of Living in Australia

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Welcome to NATSEM

The National Centre for Social and Economic Modelling

The National Centre for Social and Economic Modelling (NATSEM), an affiliated research centre of the University of Canberra, is one of Australia’s leading economic and social policy research institutes, and is regarded as one of the world’s foremost centres of excellence for microsimulation, economic modelling and policy evaluation. NATSEM undertakes independent and impartial research, and aims to be a key contributor to social and economic policy debate and analysis in Australia and throughout the world through economic modelling of the highest quality, and supplying consultancy services to commercial, government and not-for-profit clients.

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AMP.NATSEM Report 31: Prices These Days - The Cost of Living in Australia

Australian household income is outpacing the cost of living over the longer term, with disposable incomes increasing 20% over the last 27 years, while the average family is better off by $224 per week in real terms, according to the latest AMP.NATSEM Income and Wealth Report. The AMP.NATSEM Income and Wealth Report: Prices these days! The cost of living in Australia explores how living costs have changed since 1984 finding that average income growth for Australian households across all income and socio-economic groups more than covered the cost of living over this period. However, cost of living pressures continued with strong price growth since 1984 across everyday essentials including electricity, which increased 253%, rent prices grew 223%, mortgages increased 256%, petrol increased 208% and public transport costs jumped 287%. This growth was partially offset by dramatic drops in audio visual and computing, which now cost one tenth what they did in 1984, while average prices for clothing, footwear and major household appliances have changed little, and are often lower today than 27 years ago.

These are some of the key findings of the 31st AMP.NATSEM Income and Wealth Report: Prices These Days - The Cost of Living in Australia.

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Download Full Report


Another win for NATSEM - $374, 823 to further research into baby boomers

The National Centre for Social and Economic Modelling (NATSEM) has successfully won $374, 823 from the Australian Research Council (ARC) in the latest round of Linkage Grant awards, announced on 1st November 2011.

The successful bid, 'Understanding and preventing workforce vulnerabilities in mid-life and beyond', will look into how baby boomers are excluded from the workforce by using a mixture of qualitative and quantitative methods and interview data to explore the process and prevention of unemployment, underemployment and economic disadvantage.

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Households $2.50 per week better off under carbon package

Independent analysis by the University of Canberra's National Centre for Social and Economic Modelling (NATSEM) shows that Australian households will be an average of $2.50 per week better off under the Federal Government's carbon package.

In a new research report Clean Energy Future Plan: Household Modelling, NATSEM provides an independent household sector analysis of the Federal Government's carbon price plan. The report estimates that 69 per cent of households will be better off under the plan and that the gains of the package are targeted towards low income households and those on government benefits. On average, all households except the richest 20 per cent are better off under the plan.

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Recent NATSEM Workshop

Wellbeing and Quality of Life in Australia

Date:
Friday 23 March 2012
Time:
9:00 am - 4:00 pm
Venue:
NATSEM, Building 24, University of Canberra, Bruce, ACT, 2617

Download Workshop Notice
Download Registration Form
Download Program
Download Presentations:
Helen Berry: Australian Farmers' Health, Wellbeing and Adaptive Capacity
Bob Cummins: Population Happiness and Public Policy
Marcia Keegan: Relationship between asset classes and satisfaction
Robert Tanton: An Analysis of Homeostatic Failure in Subjective Wellbeing

Upcoming Seminars

Microsimulation and Policy: Models from Across the Ditch

Presented by Roy Lay-Yee

Date: Thursday 12 July 2012
Time: 2.00 pm – 3.00 pm

Venue: Seminar Room 1, Building 24, University of Canberra (see campus map)

Seminar Notice

 

I Was Only Nineteen, 45 Years Ago: What Can we Learn from Australia’s Conscription Lotteries?

Presented by Dr Peter Siminski

Date:     Thursday 19 July 2012
Time:     11.00 am – 12.00 pm

Venue: Seminar Room 1, Building 24, University of Canberra (see campus map)

Seminar Notice
Download Working Paper

 

An Analysis of the Impact of Socioeconomic Disadvantage and School 'Value-Added' on the Probability of School Drop Out

Presented by Dr Stéphane Mahuteau, National Institute of Labour Studies, Flinders University

Date:     Thursday 20 September 2012
Time:     11.00 am – 12.00 pm

Venue: Seminar Room 1, Building 24, University of Canberra (see campus map)

Seminar Notice

 

For more information on previous NATSEM Seminars and Workshops, please click here.

 
 
 

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