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Single, couple or family: not all Australian middle income earners are equal | Greg Jericho

The latest Hilda report tells us wages have become more equal, but comparing living standards gives a better understanding of households’ wealth The latest Household, Income and Labour Dynamics in Australia (Hilda) Survey released on Thursday provides vital details on the lives of Australians. It also helps answer the question of how much you need to earn to be a middle-income Australian. The…

Single, couple or family: not all Australian middle income earners are equal | Greg Jericho

We haven't written up this one. The Guardian Australia has the full story — the link below goes straight to it.

Read the original at theguardian.com →

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Euro slides as strong US PMI data lifts Fed rate hike bets

EUR/USD extends its intraday decline on Wednesday as stronger-than-expected US business activity data reinforces expectations of another Federal Reserve (Fed) rate hike and lifts the US Dollar (USD). At the time of writing, the pair trades around 1.1401, near levels last seen in late July.

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