This shows how average household disposable incomes have grown in ‘real terms’ (after inflation) in Australia between 1999-00 and 2015-16.

During the boom period from 2000 to 2008, average household disposable income grew by a remarkable 4.3% per year in real terms. This reflected  rapid overall economic growth underpinned by  mining and housing booms. However, in 2008, the Global Financial Crisis cut economic growth by half. This reduced  average disposable income slightly the following year. Average income then slowly increased, and dropped slightly again in 2015-16.