Why slow wage growth isn’t keeping us from the café
Wages may not be rising to meet inflation, but figures from the RBA remind us that wages don't tell the whole story.
Inflation remains Australia’s biggest challenge amidst deepening economic downturn
Federal Treasurer Jim Chalmers is “cautiously optimistic” inflation has peaked. But he warned that rising prices remained “the defining challenge” amid a global economic slowdown and geopolitical uncertainty.
Real wages in Australia fall by fastest rate on record ahead of Jobs Summit
Australian households are suffering under the sharpest decline in purchasing power on record as “sluggish” wages growth continues to lag behind skyrocketing prices for everyday essentials.
An extra 60,600 Australians found work in May, so why have wages barely lifted?
Australia has now managed to keep a rate of unemployment below 4% for three consecutive months. If things are so good, why is wage growth so low?
Are real wages falling or growing? Let’s look at the evidence
To get at the truth about wage movement, we need to appreciate that prices fluctuate more rapidly than wages do and that underlying economic forces drive the longer term growth in real wages.
Election 2022: Why are wages finally set to grow, and what are the major parties promising?
After nearly a decade of wage stagnation and real wage falls during the pandemic, the government is forecasting a tight employment market that will finally drive wages growth above 3%.
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.
Labour shortages will be an ongoing issue despite the government’s prediction of a jobs boom
As Australia emerges from lockdowns, labour shortages have been a serious concern for businesses across the country.
