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wages growth

Most Australians' wages have declined but CEO pay is better than ever

Most Australians' wages have declined but CEO pay is better than ever

Workers in private sector, who are 85% of the workforce, are experiencing wages growth well below inflationDespite chief executives having bumper pay increases last year, the majority of Australian
Majority of voters say record low wages growth is an election issue

Majority of voters say record low wages growth is an election issue

Poll commissioned by Australian Council of Trade Unions finds only 20% got a raise that covered increased costsOnly one in five Australian workers say they had a pay rise in the past year that covered
Rising energy and childcare costs show need for wages reform, unions say

Rising energy and childcare costs show need for wages reform, unions say

ACTU report shows electricity costs are up 10.4% in the past year and childcare costs are up 6%Energy, childcare and housing prices have soared higher than average cost-of-living measures, new
Employers finding ways to avoid lifting wages, Reserve Bank says

Employers finding ways to avoid lifting wages, Reserve Bank says

Deputy chief says wages tied to individual performance mean average growth is contained Australia’s employers are finding inventive ways to avoid lifting wages for their staff as the economy improves,
Is it time to end the stories about the 'Australian economic miracle'?

Is it time to end the stories about the 'Australian economic miracle'?

The Economist’s rosy profile of Australia is in some ways an oddly timed piece given the insecurities many in this country are feelingThis week The Economist magazine featured Australia on its front
Whatever happens to Kelly O'Dwyer's seat, the Coalition are toast | Van Badham

Whatever happens to Kelly O'Dwyer's seat, the Coalition are toast | Van Badham

Australians are rejecting the neoliberal economic values that define the Liberals. Of these, O’Dwyer has consistently been a championKelly O’Dwyer is the fourth minister to hold the industrial
Muffin Break faces backlash after boss says millennials won't do unpaid work

Muffin Break faces backlash after boss says millennials won't do unpaid work

Uproar comes as parliamentary inquiry into Australian franchise sector prepares final reportThe cafe chain Muffin Break is facing a backlash from customers after its general manager said that entitled
Muffin Break faces backlash after boss says millennials won't do unpaid work

Muffin Break faces backlash after boss says millennials won't do unpaid work

Uproar comes as parliamentary inquiry into Australian franchise sector prepares final reportThe cafe chain Muffin Break is facing a backlash from customers after its general manager said that entitled
Linda Reynolds stumbles on wages growth in TV interview

Linda Reynolds stumbles on wages growth in TV interview

Cabinet minister disavows and then embraces idea that keeping wages modest is a ‘design feature’ of the economyThe new minister for defence industry, Linda Reynolds, has disavowed and then embraced
Australian election: Shorten focuses on Easter pay hits, Morrison on healthcare

Australian election: Shorten focuses on Easter pay hits, Morrison on healthcare

Labor leader says low-paid workers are losing hundreds in penalty rates during the 10 days from good FridayBill Shorten has used the Easter public holidays to highlight that low-paid workers are
Why Treasury blaming a lack of 'job switching' for stagnant wages may have backfired

Why Treasury blaming a lack of 'job switching' for stagnant wages may have backfired

By suggesting switching jobs can even out the power imbalance between employers and employees, Treasury hinted at an obvious solutionTreasury caused consternation in the labour movement on Tuesday by
Reserve Bank cuts interest rates to historic low of 0.75% to boost weak economy

Reserve Bank cuts interest rates to historic low of 0.75% to boost weak economy

RBA’s third reduction in the cash rate in five months an attempt to increase employment and lift stubbornly low inflation • RBA’s rate decision – as it happened Australia’s central bank has cut the