Articles on Wages

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Before they walk down the aisle, many couples want to own a house, have a bank account and have a job that offers health insurance. MNStudio/shutterstock.com

Low-income parents want a white picket fence, not just money, before getting married

A new study suggests that Americans face an 'economic bar' to marriage. Before they walk down the aisle, many couples want to have a house, a bank account and a job that offers health insurance.
It looks good, but where did this pork come from? Artem Shadrin

Blockchain systems are tracking food safety and origins

Food suppliers and sellers around the world are using blockchain technologies to ensure that what consumers buy is labeled clearly and accurately.
At least in the movies, Superman is getting less productive. We are scarcely any more productive than we were two years ago, and it is weighing on wages. Shutterstock

Unlocking Australia’s productivity paradox. Why things aren’t that super

In the midst of the information technology revolution, Australia's productivity growth has been slowing. It ought to have been the other way around.
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. DARREN ENGLAND/AAP

The RBA’s shift to worrying about financial stability could be hurting Australian wages

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.
The key reason for the squeeze on household spending and saving is of course the ongoing weakness in the growth rate of household disposable income. Lukas Coch/AAP

Budget policy check: does Australia need personal income tax cuts?

The government says personal income tax cuts are needed to provide relief from low wages and high cost of living, but will tax cuts make up for that?
One of the paradoxes of wage policy is that ultimately governments are held responsible and blamed for poor results, but governments are but one player in a complex system of wage adjustment. Lukas Coch/AAP

Governments shouldn’t be so hasty in declaring victory on wages policy

History tells us governments do not always get what they wish for, and in fact often perverse outcomes flow from policy choices.

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