Two experts argue for and against government intervention when it comes to fixing low wage growth.
Rigor académico, oficio periodístico
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Research finds union members earn more because they have more experience than their non-union colleagues.
The productivity gains businesses get some automating some jobs, aren’t being passed on to workers in higher wages, evidence shows.
The federal government could restore its commitment to creating full employment in Australia, using its spending power to make up for any shortfall in private jobs as it did during the post-war boom.
Treasurer Scott Morrison recently asserted that an increase in profits is a prerequisite for wages growth. But is his position supported by data?
Austraila’s minimum wages now operate in relative isolation. Until the 1990s they were part of an inter-connected system.
There are two ways that international competition can reduce wages. Both are effects of globalisation.
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 costs of casual work are now outweighing the slim benefits in wages (and even those are not as much as they used to be).
Principales colaboradores
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Vice-Chancellor’s Fellow, University of Tasmania
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Associate Professor in Accounting, The University of Queensland
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Professor, Discipline of Business Information Systems, University of Sydney Business School, University of Sydney
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Professor of Macroeconomics, University of Sydney
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Professor of Economics and National Senior Teaching Fellow, Griffith University
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Research economist, The University of Melbourne
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Senior Lecturer in Employment Relations and HRM, University of Newcastle
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Director, Centre for Transformative Innovation, Swinburne University of Technology
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Professor and Founding Director of QUT Centre for the Digital Economy, Queensland University of Technology
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Executive Director, QUT Entrepreneurship, Queensland University of Technology
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Research Fellow, Digital Economy, Queensland University of Technology
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Research Assistant, Industrial Relations, The University of Melbourne
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Lecturer in Economics, Macquarie University
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Senior Lecturer in Economics, Macquarie University
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Senior Lecturer - Department of Economics, Macquarie University
