The Conversation’s expert panel predicts prices will rise faster than Australians’ pay can keep up in 2022 – and that’s not their only concern about the local economy.
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Small businesses are less productive, less innovative and pay staff less than big ones, and even before the pandemic they were shedding jobs.
True wages growth, and true price growth, is probably less than the official figures suggest – meaning there’s no need for alarm about inflation in Australia.
Jobs, economic growth, wages growth and even home price growth are likely to look less threatening by the time we are asked to vote.
Kontributor teratas
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Laurie Carmichael Distinguished Research Fellow at the Centre for Future Work, and Professor Emeritus, Griffith Business School, Griffith University
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Vice-Chancellor’s Fellow, University of Tasmania
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Economist and Director, Centre for Future Work, Australia Institute; Honorary Professor of Political Economy, University of Sydney
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Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
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Program Director, Economic Policy, Grattan Institute
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Deputy Program Director, Economic Policy, Grattan Institute
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Adjunct professor, Flinders University
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Senior Associate, Grattan Institute
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Lecturer in Economics, Monash University
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Professor, Discipline of Business Information Systems, University of Sydney Business School, University of Sydney
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Senior Associate, Economic Policy, Grattan Institute
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Visiting Fellow and Director – Micro heterogeneity and Macroeconomic Performance program, Crawford School of Public Policy, Australian National University
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Professorial Fellow, The University of Melbourne
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Professorial Fellow, University of Canberra
