The government is boasting a 4.2% unemployment rate, but wage growth is still sluggish
Australia’s official unemployment rate in January remained at a historically low 4.2%, but the story on wages is not impressive.
RBA forecasts show Australia won’t recoup last year’s real wage cuts until later this decade
The RBA thinks we're heading for the same rut of low wages growth as before the pandemic. That leaves workers behind and unlikely to catch up for a long time.
Recession or not, the latest lockdowns will end RBA’s hope to boost wages
Suddenly we're talking about a recession that no one suspected a week ago, as lockdowns crush the economy. But the real impacts will be on monetary policy.
Top economists explain how the pandemic will affect the Australian economy for decades to come
The consensus of 23 leading Australian economists is that the economy will be reliant on government support for some time to come.
Is technology the real reason global economic growth has slowed?
Advanced economies around the world have, to varying degrees, witnessed the same trend of slowing economic and real wages growth since the financial crisis of 2008-09. Why?
“Exceptional circumstances”: 2.5% minimum wage increase will be delayed for certain industries
The Fair Work Commission has decided the national minimum wage will increase by 2.5% on July 1, 2021.
Revenue-contingent wage loans: A proposal for supporting jobs in times of crisis
Revenue-contingent salary reductions would support at-risk employees while maintaining the employer-employee relationship, just as JobKeeper did.
SMEs face 50% higher wage theft penalties under IR reform bill
Small businesses that underpay workers could be hit with 50% higher civil penalties, under the federal government’s industrial relations reform bill.
IR reforms could see higher casual wages for retail and hospitality workers
The government's IR reforms could see a new definition of casual work and a higher rate of pay for retail and hospitality workers.
Business group slams Victoria’s payroll tax deferrals, calls for exemptions instead
Payroll tax deferrals unveiled by the Victorian government do not go far enough and should include an exemption, business groups argue.
“The evidence provides a stark warning”: Australia is at risk of losing a decade on equal pay progress
The gender pay gap stands on the precipice of a backwards slide driven by unresolved structural issues now fuelled by the pandemic.
As Aldi goes upmarket and Kaufland fades from memory, the cost of groceries is going to increase
Rising grocery prices, combined with a rise in unemployment and a decline in wages, will give Australians a nasty shock.
