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Unemployment is falling, but so are wages. It's the latest of a very long slide | Greg Jericho

Unemployment is falling, but so are wages. It's the latest of a very long slide | Greg Jericho

It is hardly news any more to say that we have a record low in wage growth. But it’s becoming a problem for workers, companies and the government alikeGreg Jericho is a Guardian Australia columnistThe
Coal in decline: Adani in question and Australia out of step

Coal in decline: Adani in question and Australia out of step

Special report: India and China are shifting away from coal imports and coal-fired power while a mega-mine is planned for Queensland. Where does this leave coal in Australia?Coal in decline: an
Tax cuts for the rich don't help the rest. Don't take my word for it, ask the IMF | Greg Jericho

Tax cuts for the rich don't help the rest. Don't take my word for it, ask the IMF | Greg Jericho

IMF study finds that the type of tax cuts introduced last year are too weak to raise the welfare of most of the population and never pay for themselvesA new study by the IMF examining the impacts of
Interest rate anxiety ‘new threat’ to central bank independence

Interest rate anxiety ‘new threat’ to central bank independence

Reserve Bank’s deputy governor Guy Debelle says people increasingly blame central banks for economic woesOne of the Reserve Bank’s most senior officials has warned the public’s anxiety about low
IMF says Australia has one of the fastest rising income inequality rates

IMF says Australia has one of the fastest rising income inequality rates

Economic body’s Fiscal Monitor shows Australia’s 30-year inequality growth is similar to the US, India, China and the UKAustralia is among countries with the highest growth in income inequality in the
Rental horror stories – Guardian readers respond

Rental horror stories – Guardian readers respond

More Australians are being forced into the rental market, but squalid conditions, negligent agents and insecurity are all too commonAs house prices soar, more and more Australians are being forced
Australian slavery inquiry told fruit pickers 'brainwashed' and trapped in debt

Australian slavery inquiry told fruit pickers 'brainwashed' and trapped in debt

Malaysian reporter says workers in Victoria paid a pittance and kept in overcrowded homes A Malaysian journalist who went undercover to expose exploitation in Victoria’s fruit picking industry said
Australians buying 'useless' health insurance, AMA head says

Australians buying 'useless' health insurance, AMA head says

Dr Michael Gannon says people should not need medical training to understand what insurance products coverAustralians are buying “useless” health insurance and should not have to be an actuary or
Unions seek dramatic pay increases to ensure minimum ‘living wage'

Unions seek dramatic pay increases to ensure minimum ‘living wage'

ACTU secretary Sally McManus signals significant increase in union pay demands from the Fair Work Commission The minimum wage should be set at the level of a “living wage” to lift millions of people
NAB to cut 6,000 jobs over next three years as it lifts profit to $6.6bn

NAB to cut 6,000 jobs over next three years as it lifts profit to $6.6bn

Despite profit rise in line with expectations, expenses rose 2.6% and the bank says it will reduce head count in restructure National Australia Bank has lifted its full-year cash profit 2.5% to
The smiling, clueless face of capitalism has had a big week | Greg Jericho

The smiling, clueless face of capitalism has had a big week | Greg Jericho

Australia shouldn’t get too smug about Donald Trump Jr’s tone-deaf Halloween tweet. We have our own capitalist idiocyOn becoming New Zealand’s prime minister, Jacinda Ardern said that capitalism was a
Bernie Sanders attacks billionaires and firms exposed by Paradise Papers – live

Bernie Sanders attacks billionaires and firms exposed by Paradise Papers – live

Massive leak of secret documents shared with Guardian and other news organisations shows how world’s biggest businesses and leading politicians have sheltered their wealth in tax havens • Paradise
Drug regulator under fire over herbal supplement company’s claims

Drug regulator under fire over herbal supplement company’s claims

Therapeutic Goods Administration approved advertising for product said to relieve urologic symptoms, despite scientific evidence to the contraryThe Therapeutic Goods Administration has been accused of
How a big Australian bank bought into Sheryl Crow's back catalogue

How a big Australian bank bought into Sheryl Crow's back catalogue

Paradise Papers reveal that leading banks are parties to schemes that use tax havens to minimise tax for their wealthy clientsSome of Australia’s leading banks have been revealed as parties to schemes
Corporate watchdog Asic in privacy breach exposing users' search history

Corporate watchdog Asic in privacy breach exposing users' search history

Exclusive: Glitch on website allows anyone to find out what other users have been researching, possibly compromising company mergers or investigationsAustralia’s corporate regulator has committed a
Paul Keating says company tax cut is no holy grail and growth must be inclusive

Paul Keating says company tax cut is no holy grail and growth must be inclusive

Former PM says ‘conservative Australia’ doesn’t understand that economic growth needs to be about ‘inclusion and justice’Paul Keating has slammed Australia’s big business lobby groups for being
Australian women’s lifetime earnings less than two-thirds of men's

Australian women’s lifetime earnings less than two-thirds of men's

New research finds women make up less than a quarter of Australia’s top 10% of income earnersWomen comprise less than a quarter of the top 10% of income earners in Australia, new research shows, and
Still short-changed: women earning 78% of a man's average wage

Still short-changed: women earning 78% of a man's average wage

Report finds little improvement in the gender pay gap or the proportion of women on boards and in managerial rolesAustralian women earn only 78% of a man’s average full-time pay despite greater
Government shields directors after taxpayers foot $1.6bn wage dues

Government shields directors after taxpayers foot $1.6bn wage dues

ACTU president says the fact that many directors are repeat offenders proves the rules are broken and inadequateThe employment department is refusing to reveal the identities of the directors who
Australia’s economy could be harmed by Trump’s tax plan, government warned

Australia’s economy could be harmed by Trump’s tax plan, government warned

Thinktank says ‘import protectionism and territorial tax treatment pose significant risks to Australian revenues and trade’Donald Trump’s tax plan may harm Australia’s economy if the government