The labour market is finally starting to catch up with the slowing growth of the broader economy. How can we speed it up again?
You say seasonally adjusted, I say trend — which jobs data is right? The RBA has decided neither of them show the falling unemployment it needs to forestall a rate cut.
Poor wages growth is continuing for most Australian workers but very low inflation means real wages are up, even if they don't feel like it.
Another quarter, and more bad news for Australia's private sector workers with wage stagnation continuing.
In terms of household wealth, we only have the sharemarket going for us at the moment. Wages and property are undermining the "wealth effect".
Welcome to Side View — a curated guide to new and overlooked content on politics, policy, and public affairs. This week: surveil your way to riches, the rain falls hard on a poorly planned town, and the return of an old friend.
Despite all the bluster of those demanding an interest rate rise, inflation remains flat and interest rates aren't going anywhere anytime soon.
The pattern of Australia's household income asks an interesting question: is it worse to have a financial crisis or a Coalition government?