Articles on wage growth

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Households feeling the pinch from frozen wages feeds into slower economic growth, and policymakers need to find a solution. Bacho/Shutterstock

This is what policymakers can and can’t do about low wage growth

Governments can't undo the technological changes behind frozen wages and rising inequality. The best policy is to invest in education and training to give workers skills of value in the new economy.
Aggregate demand is being hit by the concentration of income growth among the top earners and is now a drag on economic growth. Shutterstock

How rising inequality is stalling economies by crippling demand

News that Australian CEO pay has soared to a 17-year high at a time when ordinary workers' wages are flatlining is ultimately bad news for economic growth and prosperity.
Having a bullhorn is nice, but workers need more to elevate their voices. AP Photo/David Goldman)

Here’s how workers would spend the corporate tax cut – if they had a voice

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.
Simon Birmingham said the Turnbull government has ‘already had great success in terms of reducing the rate of price growth’. AAP/Alex Murray

FactCheck: what are the facts on rising child care prices?

The education minister says that under Labor there were child care price spikes of up to 14% over a 12 month period, but under the Coalition those have fallen to "around 6% on average". Is that right?
Labor’s Chris Bowen says Australian workers are doing it tough. AAP Image/Tracey Nearmy

FactCheck: is wage growth at record lows?

Shadow treasurer Chris Bowen said Australian wages growth is at record lows. Is that true?

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