"Australia's GDP per capita went backwards in the June quarter, sliding by 0.2 per cent. Reports that it increased depend on the use of "population creep". GDP increased by 0.2 per cent, but that was only due to population growth, and GDP per capita, which is a far more accurate guide to living standards than GDP, declined.
Not surprisingly, then, real net national disposable income per head, which is the best measure of living standards, slid by 1.2 per cent in the three months to June. The Fairfax economist Peter Martin says this is the fifth consecutive slide in real net disposable income per head, which is now 5 per cent below its peak in 2011." (The Hon. Kelvin Thomson, Federal Member for Wills, 3rd September 2015).