Articles on Wages

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Data shows immigration has a negligible effect on the labour market. Eddie Keogh/Reuters

New research shows immigration has only a minor effect on wages

Economic arguments against immigration often rest on simplistic arguments of supply and demand. The data show immigration has a negligible effect on wages, employment or hours worked.
A Canberra barista makes coffee. Many low-paid workers will be affected by the Fair Work Commission’s decision on penalty rates. AAP/Lukas Coch

Explainer: where to from here on penalty rates?

The government has a major headache on its hands with the proposed cuts to penalty rates, which could haunt it all the way to the next election.
The Statue of Liberty has been a welcoming sight for immigrants for decades. Susan Ragan/AP Photo

Want a stronger economy? Give immigrants a warm welcome

Trump's plans to build a wall with Mexico and deport millions of people in the US illegally cast immigrants as an economic threat to Americans. The evidence suggests otherwise.
Prime Minister Malcolm Turnbull used part of his address to the national press club to sell the company tax cut. Mick Tsikas/AAP

What economists and tax experts think of the company tax cut

The federal government is still trying to convince senate crossbenchers to pass a company tax cut but tax experts and economists dispute all of its supposed benefits.
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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Business Briefing: what to do about low incomes

Business Briefing: what to do about low incomes. The Conversation10.5 MB (download)
Australia needs to increase productivity in different ways because at the moment living standards are low compared to past years.
Maybe not, if you work on Wall Street. Reuters

Is the American Dream dead?

Falling homeownership rates, stagnant wages and diminishing retirement savings mean that for more and more Americans, the middle-class dream is slowly dying – if it's not already gone.
Will government cuts to tax credits hit Britain’s poorest the hardest? Becky Stares/shutterstock

Why the living wage won’t compensate for tax credit cuts

Plans to stop universal credit payments in favour of a 'national living wage' will not address the long-standing poverty of many people in paid employment.

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