The RBA argues that it needs to balance financial stability risks against the need to stimulate the economy through lower interest rates. But this has left inflation running below its target range.
If the RBA continues to sacrifice its inflation target on the altar of financial stability risks, inflation expectations and our wages growth will continue to languish.
AP Photo/Danny Johnston
The unemployment rate is now at its lowest level in 17 years and is very close to a 50-year low. Does that mean we're at full employment?
What might be achieved from the proposed walkout is difficult to predict.
Research shows early childhood educators are among the lowest-paid Australians, with some finding better pay in other fields such as night-time retail work.
President Donald Trump delivers his State of the Union address to a joint session of Congress.
Trump touted his administration's economic successes and laid out his immigration plan in an 80-minute speech to Congress. Our experts weigh in.
Having a bullhorn is nice, but workers need more to elevate their voices.
AP Photo/David Goldman)
Although over 200 CEOs have promised to share windfalls from the recent tax cut with their employers – something the president is likely to bring up in the State of the Union – research suggests workers aren't holding their breath.
Governments face disruption by the private sector and social unrest unless they embrace new technology. Here, Prime Minster Justin Trudeau meets a robot in Edmonton last May as others look on.
( THE CANADIAN PRESS/Jason Franson)
Government is about to be disrupted by technology in the same manner as major industries. It's about time.
Is the jobs glass half full or half empty?
Liberal Democrat leader Vince Cable claims there is no evidence that immigration impacts wages. Is he right?
Imported goods could be partly to blame for low wage growth.
There are two ways that international competition can reduce wages. Both are effects of globalisation.
So many of the factors influencing low wages growth for Australian workers are also an important influence on CEO pay, although not necessarily in the same way.
Data shows that growth in total CEO pay has outstripped average Australian wage growth in every year of the last five years. But perhaps we need to look more closely.
The option of “holding out” for a permanent job looks increasingly risky as these opportunities dwindle.
The costs of casual work are now outweighing the slim benefits in wages (and even those are not as much as they used to be).
An expert in the charity sector responds to Jeff Bezos's request for advice on how to give his money away.
Despite what RBA chief Philip Lowe says, asking for a pay rise isn’t so simple for many employees.
Building negotiating power is crucial for anyone looking to ask for a pay rise. But for those who can't, perhaps it's the employers' responsibility to ensure fair compensation.
Labour leader Jeremy Corbyn claims they do. Two academics assessed the facts.
Reducing wages of Australia’s lowest-paid workers will only worsen the existing economic situation.
Employer groups are calling for a cut in real wages for low paid workers, but this would only exacerbate current problems.